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 - KIM.WT
Number Trading -
Expiration Date - November 30 1998
Cusip - Q5303M 11 4
Warrants called to trade news:
1997-06-24 15:41 MT -
Correction
Further to the VSE notice in
Stockwatch, June 20, the following
should have read:
Effective at the opening, June 23
1997, the company will continue to
trade under the Symbol KDC on the
VSE until the close of business July
8 1997. Kimberley also trades on the
Australian Stock Exchange and will
trade under the symbol KDC-D from
June 24 1997 to July 8 1997.
Pursuant to requirements of the
Australian Stock Exchange, all
trades under the symbol KDC-D will
be settled on a deferred basis on
July 15 1997.
The warrants will trade under the
new symbol KIM.WT and Cusip No.
Q5303M 11 4 effective July 9 1997
until November 30 1998
- 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.
