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 - MGC.WT.A
Number Trading - 1,400,000
Expiration Date - May 14 1996
Cusip - 595919 11 9
Warrants called to trade news:
1996-04-30 16:26 MT - EOP
Completed
Effective date: February 14 1996
Offering date: April 17 1996
Expiry date: May 14 1996
Capitalization: Unlimited shares
with no par value of which 4,650,000
shares are outstanding
Escrow: 750,000 shares
Transfer agent: Pacific Corporate
Trust
Trading symbol: MGC
Trade date: May 1 1996
Security No: 438107
Cusip No: 595919 11 9
Wt trading symbol: MGC.WT.A
Wt security No: 902860
Wt Cusip No: 595919 11 9
Unit security No: 863316
Offering: 1,400,000 units
consisting of one share and one
series A warrant. Two series A
warrants to purchase one share
Unit price: $0.80
Wt exercise price: $0.80 in year
one; $0.92 in year two
Agent: Georgia Pacific
Agents Wt: For 350,000 shares at
$0.80 in year one and $0.92 in year
two
Greenshoe: 210,000 units at $0.80
up to June 17
1996-04-16 16:09 MT - EOP
Date Fixed
Effective date: February 14 1996
Offering date: April 17 1996
Expiry date: May 14 1996
Trading symbol: MGC
Trade date: Tba
Security No: 438107
Cusip No: 595919 11 9
Wt trading symbol: MGC.WT.A
Wt security No: 902860
Wt Cusip No: 595919 11 9
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- 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.
