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 - LSG.WT
Number Trading - 536,016
Expiration Date -
Cusip - 54143E 12 0
Warrants called to trade news:
1986-11-06 01:00 MT -
Warrants Called to Trade
The exchange has been advised that
536,016 units of the company have
been issued pursuant to the
company's rights offering dated
September 16, 1986. Gross proceeds
of $938,028 were received by the
company.
Further to the VSE notice dated
September 16, 1986, the exchange has
been advised that 536,016 warrants
have been issued pursuant to the
rights offering.
Effective at the opening, November
7, 1986, the warrants of the company
will be posted and called for
trading on the VSE. The company is,
under the rules of the exchange, a
development company.
Capitalization: 536,016 warrants
authorized, 536,016
warrantsoutstanding
Transfer agent: National Trust
Company
Trading symbol: LSG.WT
Security No: 901590
Cusip No: 54143E 12 0
- 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.
