THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize on the Fastest Growing Sector of the
Stock Market, Second Edition (Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
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Warrant Symbol - FEC.WT
Number Trading - 3,000,000
Expiration Date -
Cusip - 35137W 11 9
Warrants called to trade news:
1994-08-19 15:11 MT - New
Listing
The ASE has been advised by Yorkton
Securities, agent for the company,
that the offering date for the
offering of 3,000,000 units at $0.35
will be August 22 1994. Each unit
consists of one share and one
warrant.
A book will not be maintained to
receive subscriptions from other
members as the offering has been
fully subscribed.
The common shares and warrants of
the company will be posted for
trading on the ASE at the opening
August 22 1994.
COMMON SHARES
Stock symbol: FEC
Security code: ISM-268 700;
WCCC-268 695
Transfer agent: Montreal Trust
Company
Stock symbol: FEC.WT
Security code: ISM-890 440;
WCCC-890 485
Cusip No: 35137W 11 9
Transfer agent: Montreal Trust
Company
Expiry: Two warrants will entitle
the holder to purchase one common
share at $0.45 on or before February
28 1995.
- Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
- Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
- Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
- Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
- Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
