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 - GOM.WT
Number Trading -
Expiration Date - June 22, 1999
Cusip - 380985 11 9
Warrants called to trade news:
Trading begins; supplemental listing
1998-07-20 15:39 MT - Miscellaneous
The common shares of Goldsat Mining
will begin trading on the ASE at the
opening of business on July 21,
1998.
The company has successfully
completed its IPO of 1,500,000 units
for $600,000. Rogers & Partners
Securities acted as agent on the
offering.
Warrants
The common share purchase warrants
of the company will be posted for
trading on the ASE at the opening of
business on July 22, 1998.
Wt symbol: GOM.WT
Wt security code: ISM - 892 383
Wt Cusip No: 380985 11 9
Wt exercise price: One warrant to
purchase one share at 50 cents
Wt expiry date: June 22, 1999
Cash trading date: June 18, 1999
Transfer agent: Montreal Trust
Company
- 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.
