Donations
If you find this site informative please donate, every  donation helps us keep up with hosting costs. Thanks!  
   
Warrants Alert
Books


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

more books no time to read, try audiobooks



Quick Links:
Back to Home Page              Back to Warrant Sheets             Back to Expired Warrants




Website - Click to add


Warrant Symbol - FIG.WT
Number  Trading - 4,903,305
Expiration Date - June 25, 2010
Cusip - 30376R 12 9
Exercise Price - $4.00

Warrants called to trade news:



Faircourt Income & Growth to list warrants Sept. 8

2009-09-03 18:13 MT - Warrants Called to Trade
TSX bulletin 2009-1112
A total of 4,903,305 transferable warrants to acquire trust units of Faircourt Income & Growth Split Trust will be listed and posted for trading at the opening on Tuesday, Sept. 8, 2009, under the following trading information:

Stock symbol: FIG.WT
Cusip No.: 30376R 12 9
Designated market-maker: Canaccord Capital Corp.
Other markets: None

Terms not otherwise defined herein are as defined in the short-form prospectus dated July 14, 2009.

The warrants were issued as part of a recently completed offering of rights to subscribe for and purchase 4,903,305 units of the trust. Each unit consisted of one trust unit and one warrant pursuant to the terms of the prospectus. Each warrant entitles the holder thereof to purchase one trust unit at a subscription price of $4 on, and only on, June 25, 2010. Warrants not exercised by 4:01 p.m. (Toronto time) on June 25, 2010, will be void and of no value. Details of the rights offering can be found in Toronto Stock Exchange bulletin 2009-0926 dated July 16, 2009.

Upon the exercise of a warrant, the trust will pay a fee of six cents to the broker whose client is exercising the warrant and four cents to the applicable dealer.

read more... || collapse




Loading the latest Canadian market news...








Visitor Map




 
Days Left


Warrant Terms
  • 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.