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 - GGR.WT.A
Number Trading - 3,000,000
Expiration Date -
Cusip - 381916 11 3
Warrant Symbol - GGR.WT.B
Number Trading - 2,000,000
Expiration Date - August 28 1991
Cusip - 381916 12 1
Warrants called to trade news:
1991-05-06 15:32 MT -
Warrants Called to Trade
Effective at the opening May 7 1991,
2,000,000 series B warrants will be
posted and called for trading
subject to satisfactory distribution
to the public:
Transfer agent: Central Guaranty
Trust Company
Wt trading symbol: GGR.WT.B
Wt security No: 892596
Wt Cusip No: 381916 12 1
Unit security No: 854296
1990-08-27 16:27 MT - EOP
Completed
Effective date: August 17 1990
Offering date: August 23 1990
Expiry date: February 13 1991
Trade date: August 28 1990
Offering: 1,500,000 units
consisting of 1 share and 2 A
warrants
Price: $0.75
Wt exercisable at: $0.75
Wt to buy 1 share: 2
Wt expire: 365 days from August 28
1990
Agents: LOM Western 1,250,000;
McDermid 250,000
Agents Wt: For 375,000 shares (LOM
312,500; McDermid 62,500)
Wt exercisable at: $0.75
Wt expire: 365 days from August 28
1990
Greenshoe: Maximum of 225,000
shares for 60 calendar days from
offering day
Directors: M. Pezim, J.I. Ivany, A.
Clemiss, N.E. Goodman, L. Page
Trading symbol: GGR
Security No: 290911
Cusip No: 381916 10 5
Wt trading symbol: GGR.WT.A
Wt security No: 892595
Wt Cusip No: 381916 11 3
Unit security No: 854310
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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.
