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 - INX.WT
Number Trading -
Expiration Date - December 15 1997
Cusip - 460952 11 2
Warrants called to trade news:
1997-07-18 16:17 MT - New
Listing
The common shares and share purchase
warrants of Invader Exploration Inc
will be posted for tradirig on the
ASE at the open of business on July
22 1997.
Common Shares
Stock symbol: INX
Security code: ISM - 351 891; WCCC
- 000 095
Cusip No: 460952 10 4
Transfer agent: Montreal Trust
Company
Agent: Research Capital
Wt symbol: INX.WT
Wt security code: ISM - 896 982;
WCCC - 000 247
Cusip No: 460952 11 2
Expiry: One warrant entitles the
holder to purchase one share at
$1.25 up to December 15 1997.
- 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.
