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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Address: 190 Attwell Drive,
Suite 580,
Toronto, Ontario, M9W 6H8
Phone: 416-213-8118
Fax: 416-213-8668
Email: info@fralex.com
Website - https://www.fralex.com/
Warrant Symbol - FXI.WT
Number Trading - 1,687,500
Expiration Date - February 14,
2009
Cusip - 35168Q 11 4
Exercise Price - $4.00
Warrants called to trade news:
Fralex Therapeutics to list on
TSX Feb. 13
2007-02-09 19:03 ET - News
Release
TSX bulletin 2007-0179
An application has been granted
for the original listing in the
industrial category of
25,668,136 common shares, of
which 21,082,397 common shares
will be issued
and outstanding, and 4,585,739
common shares will be reserved
for issuance upon
completion of an initial public
offering.
An application has also been
granted for the listing of
1,937,500 common share
purchase warrants, of which
1,687,500 warrants will be
issued and outstanding and
250,000 warrants will be
reserved for issuance upon
completion of an initial public
offering.
Listing of the common shares and
warrants will become effective
at 5:01 p.m. on
Monday, Feb. 12, 2007, in
anticipation of the public
offering closing on Tuesday,
Feb.
13, 2007. The common shares and
warrants will be posted for
trading on Tuesday,
Feb. 13, 2007.
The company will be subject to
the reporting requirements of
Section 501 of the
Toronto Stock Exchange company
manual.
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- 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.
