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 - FGW.WT
Number Trading - 6,666,666
Expiration Date - April 19, 2009
Cusip - 320379 11 8
Warrants called to trade news:
First Goldwater warrants to
list on TSX-V
2004-04-21 17:30 ET - Warrants
Called to Trade
Effective at the opening on April
22, 2004, the warrants of the
company will
commence trading on the TSX Venture
Exchange.
Corporate jurisdiction: British
Columbia
Capitalization: 6,666,666 warrants
with no par value, of which
6,666,666 warrants
are issued and outstanding
Transfer agent: Computershare Trust
Company of Canada
Symbol: FGW.WT
Cusip No.: 320379 11 8
The warrants were issued pursuant to
the short form offering document and
private
placement. One warrant entitles the
holder to purchase one share at a
price of $1.15
per share and will expire on April
19, 2009.
- 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.
