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 - MDS.WT
Number Trading - 714,286
Expiration Date -
Cusip - 59563L 11 6
Warrants called to trade news:
1993-12-10 16:37 MT - New
Listing
The ASE has been advised by Charlton
Securities that the first offering
date for the offering of a minimum
of 714,286 units and a maximum of
1,428,572 units at $1.40 per unit
will be December 14 1993. Each unit
consists of one flow-through share
and one warrant. The company will
allocate $1.29 of the subscription
price to the shares and $0.11 to the
warrants.
The common shares and warrants will
be posted for trading on the ASE at
the opening of business on December
14 1993.
If the offering is not fully
subscribed on the first offering
date a second offering date will
take place on December 17 1993.
Commencement of trading will be
delayed pending confirmation of
closing of the public offering and
receipt of documentation.
Common Shares
Symbol: MDS
Security code: ISM - 438 111; WCCC
- 438 105
Cusip No: 59563L 10 8
Transfer agent: Montreal Trust
Symbol: MDS.WT
Security code: ISM - 902 857; WCCC
- 902 859
Cusip No: 59563L 11 6
Transfer agent: Montreal Trust
- 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.
