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 - GPY.WT.A
Number Trading - 700,000
Expiration Date -
Cusip - 40378M 11 9
Warrants called to trade news:
1988-02-12 15:55 MT - EOP
Date Fixed
Effective date: November 24 1987
Offering date: February 15 1988
Expiry date: May 24 1988
Trade date: February 15 1988
Offering: 350,000 units consisting
of 1 share and 2 A warrants
Price: $0.40
Wt exercisable at: $0.46
Wt to buy 1 share: 2
Wt expire: August 15 1988
Agents: Yorkton
Agents Wt: None
Directors: H.T. Dean, R.C. Levitt,
J.B. Prendergast
Trading symbol: GPY
Sec. No: 310278
Cusip No: 40378M 10 1
Wt Sumbol: GPY.WT.A
Wt Sec. No: 893511
Wt Cusip No: 40378M 11 9
Unit Sec. No: 854721
1987-11-23 01:00 MT - EOP
Conditional Listing
Effective date: November 24, 1987
Offering date: Tba
Expiry date: May 24, 1988
Trade date: Tba
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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.
