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 - MLM.WT.A
Number Trading - 2,930,535
Expiration Date -
Cusip - 59124E 12 2
Warrant Symbol - MLM.WT.A
Number Trading - 2,500,000
Expiration Date - March 7 1994
Cusip - 59124E 12 2
Exercise Price - $14.00
Warrants called to trade news:
New issue of warrants
1993-05-20 07:42 MT - Miscellaneous
The Montreal exchange reports
2,930,535 warrants shall be listed
and admitted to trading at the
opening of business on May 19 1993.
The warrants are being issued in
connection with the amalgamation of
the company and Minnova Inc to
holders of Minnova's common shares
who elected to receive warrants as
partial consideration for their
shares.
Symbol: MLM.WT.A
Cusip No: 59124E 12 2
1991-03-12 12:14 MT -
Warrants Called to Trade
The common share purchase warrants
in respect of 2,500,000 common
shares of the company will be listed
at the opening of business on March
6 1991. The warrants are to be
distributed along with 5,000,000
common shares of the company in the
form of units, each unit consisting
of one common share and one-half of
a warrant at a price of $13.00 per
share pursuant to the terms of a
prospectus dated February 21 1991.
Each warrant will entitle the holder
to purchase one common share of the
company at a price of $14.00 until
March 7 1994.
- 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.
