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 - HWK.WT.A
Number Trading -
Expiration Date -
Cusip - 419902 11 9
Warrants called to trade news:
1997-09-08 15:42 MT - New
Listing
The class A shares and class A share
purchase warrants of Hawk Oil Inc
will be posted for trading on the
ASE at the opening of business on
September 10 1997.
The company has also applied for the
listing of class B subordinate
voting shares, however, the company
has requested that these class B
shares not be listed for trading
until December 9 1997. Commencement
of trading will be subject to
confirmation of public distribution
and receipt of documentation. A
further bulletin will be issued
notifying of the listing of class B
shares.
Class A Shares
Stock symbol: HWK.A
Transfer agent: Montreal Trust
Company
Agent: Research Capital Corp
Security code: ISM - 317 493
Cusip No: 419902 10 1
Wt symbol: HWK.WT.A
Wt security code: ISM - 893 628
Cusip No: 419902 11 9
- 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.
