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 - LSE.WT
Number Trading -
Expiration Date - June 30 1998
Cusip - Q56347 11 7
Warrant Symbol - LSE.WT.A
Number Trading -
Expiration Date -
Cusip -
Warrants called to trade news:
1997-11-14 16:00 MT - Rights
Offering
The company has announced it will
issue to shareholders of record in
Canada at November 27 1997 4:30 pm
PST, non-renounceable rights to
purchase shares of the company. One
right will be issued for each share
held. One right and C$0.125 are
required to purchase one unit, each
unit consisting of one ordinary
share and warrant. The rights
offering will expire on December 18
1997 4:30 pm PST. One warrant and
A$0.20 entitles the buyer to
purchase one ordinary share of the
company up to June 30 1998. As at
November 14 1997 the company had
157,792,788 shares issued and
outstanding.
Shareholders will be mailed their
rights offering documentation by
December 3 1997. Canadian
shareholders in BC, Alberta and
Ontario will receive a Canadian
Rights Offering Memorandum.
Effective at the opening, November
20 1997, the ordinary shares of the
company will trade on an
ex-non-renounceable rights basis.
The rights will be non-transferable
and will not trade.
Agent and Trustee: Montreal Trust
Company
Authorized jurisdictions:
Australia, New Zealand, BC, Alberta
and Ontario
Wt expiry date: June 30 1998
Wt exercise price: A$0.20; one
warrant to purchase one ordinary
share at A$0.20 per share up to June
30 1998
Wt symbol: LSE.WT.A
Wt Cusip No: Tba
1996-02-02 15:52 MT - New
Listing
Effective at the opening February 5
1996 the shares and warrants of Lone
Star Exploration NL will be posted
and called for trading on the VSE.
read more... || collapse
- 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.
