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 - MGR.WT
Number Trading -
Expiration Date -
Cusip - 61653H 11 5
Warrants called to trade news:
1991-03-12 15:39 MT -
Correction
Further to the VSE notice dated
effective March 11 1991, the correct
Cusip number for the company is
61653H 11 5.
The terms of the unit warrant and
the agent warrant should have read
as follows:
Wt exercise price: $0.74 to March
11 1992; $0.85 to March 11 1993
Agents Wt: For 500,000 shares
Wt exercise price: $0.74 to March
11 1992; $0.85 to March 11 1993
- 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.
