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 - GTE.WT.A
Number Trading - 2,350,000
Expiration Date -
Cusip - 39573Q 11 5
Warrants called to trade news:
1995-03-08 16:28 MT - Change
Name
See New Listing (GTE) GST
Telecommunications Inc
Name Change
Pursuant to a special resolution
passed February 14 1995, the company
has changed its name from to GST
Telecommunications Inc.
Effective at the open March 9 1995
the common shares of GST
Telecommunications will be posted
and called for trading on the VSE
and the common shares of Greenstar
Telecommunications Inc will be
delisted.
Capitalization: 13,338,335 shares
are issued
Escrow: 750,000
Transfer agent: Montreal Trust
Company of Canada
Symbol: GTE.U
Security No: 272088
Cusip No: 361942 10 5
Series A
warrant symbol: GTE.WT.A
Wt security No: 892782
Wt Cusip No: 361942 11 3
Unit symbol: GTE.UN
Unit security No: 854648
Unit Cusip No: 361942 20 4
US$ Trading
The VSE has agreed to trade the
company's shares in US$.
Effective at the open March 9 1995
the company's symbol will be changed
from GTE to GTE.U. All markets will
be quoted in US$ and all trades will
be settled in US$. In addition, at
the close March 8 1995 the company's
symbol of GTE will be removed.
1993-05-25 16:01 MT -
Warrants Called to Trade
Effective at the opening May 26
1993, 2,350,000 series A warrants
will be posted and called for
trading on the VSE, subject to
satisfactory distribution to the
public.
Transfer agent: Montreal Trust
Company
Wt trading symbol: GTE.WT.A
Wt security No: 893238
Wt Cusip No: 39573Q 11 5
Unit security No: 854620
- 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.
