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 - IVY.WT.A
Number Trading - 1,500,000
Expiration Date - July 18 1996
Cusip - 465901 12 2
Warrants called to trade news:
1995-07-17 15:57 MT - SMF
Date Price Fixed
Effective date: July 7 1995
Offering date: July 18 1995
Expiry date: January 3 1996
Offering: 1,500,000 units
consisting of one share and one
series A warrant
Price: $1.35
Wt exercise price: $1.35
Wt term: Two A warrants to purchase
one share to July 18 1996
Agents: Canaccord
Agents Wt: For 375,000 shares
Wt exercise price: $1.35 to July 18
1996
Secondary offering: 500,000
previously issued shares
Transfer agent: Pacific Corporate
Trust
Wt trading symbol: IVY.WT.A
Wt Security No: 898299
Wt Cusip No: 465901 12 2
Unit security No: 859624
- 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.
