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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Website -
Click to add
Warrant Symbol - IIR.WT
Number Trading - 2,600,000
Expiration Date -
Cusip - 45968F 12 7
Warrants called to trade news:
1991-05-09 16:38 MT -
Correction
Further to the VSE notice dated
effective May 9 1991, the symbol and
Cusip No. for the warrants should
have read IIR.WT and 45968F 12 7
respectively.
The VSE has been advised that LOM
Western has over-allotted the
offering to the extent of 60,000
flow through and 60,000 non-flow
through units. Accordingly, a
Greenshoe option has been granted
entitling LOM to purchase 60,000
flow through and 60,000 non-flow
through units at $0.40 per unit up
to the close of business July 8
1991.
1991-05-08 16:20 MT -
Warrants Expire
Effective at the opening May 9 1991,
1,300,000 non-flow through series A
warrants and 1,300,000 flow through
series A warrants will be posted and
called for trading, subject to
satisfactory distribution to the
public.
Transfer agent: Central Guaranty
Trust Company
Wt trading symbol: IIR.WT.A
Wt security No: 896700
Wt Cusip No: 45968F 11 9
NFT unit security No: 859308
FT unit security No: 859309
FT share security No: 346876
- 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.
