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 - MAG.WT
Number Trading - 884,271
Expiration Date - August 31 1997
Cusip - 558905 11 3
Warrants called to trade news:
1995-10-17 16:43 MT -
Warrants Called to Trade
Effective at the opening October 18
1995, the share purchase warrants of
the company will be posted and
called for trading on the VSE.
Transfer agent: RM Trust
Capitalization: 884,271 warrants
issued
Wt trading symbol: MAG.WT
Wt security No: 902086
Wt Cusip No: 558905 11 3
Unit security No: 863110
714,286 units at $2.80
1995-09-14 15:55 MT -
Prospectus Approved
Effective date: September 15
Expiry date: December 14 1995
Offering: 714,286 units comprising
four flow through shares, one common
share and three warrants, on a best
efforts basis
Price: $2.80
Wt exercise price: $0.53 to August
31 1996; $0.61 to August 31 1997
Wt expiry date: One warrant to
purchase one share to August 31 1997
Agent: First Marathon
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.
