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 - MMO.WT.A
Number Trading - 6,000,000
Expiration Date - November 20, 1987
Cusip - 553900 11 9
Warrants called to trade news:
1987-07-29 01:00 MT - EOP
Date Fixed
Effective date: June 30, 1987
Offering date: July 27, 1987
Expiry date: December 28, 1987
Trade date: July 31, 1987
Offering: 3,000,000 units
consisting of 1 share and 2
Awarrants
Price: $1.00
Wt exercisable at: $1.10
Wt to buy 1 share: 2
Wt expire: November 20, 1987
Agents: Haywood
Agents Wt: For 375,000 shares
Wt exercisable at: $1.10
Wt expire: November 20, 1987
Directors: R.H. Willett, P.A.C.
Fraser, J.B. Cronyn, W.A.Rand, D.S.
Jennings
Trading symbol: MMO
Sec. No: 407462
Cusip No: 553900 10 1
Wt Symbol: MMO.WT.A
Wt Security No: 902080
Wt Cusip No: 553900 11 9
Unit Security No: 862480
1987-07-24 01:00 MT - EOP
Date Fixed
Effective date: June 30, 1987
Offering date: July 27, 1987
Expiry date: December 28, 1987
Trade date: Tba
Offering: 3,000,000 units
consisting of 1 share and 2
Awarrants
Price: $1.00
Wt exercisable at: $1.10
Wt to buy 1 share: 2
Wt expire: November 20, 1987
Agents: Haywood
Agents Wt: For 375,000 shares
Wt exercisable at: $1.10
Wt expire: 180 days from trade
date. tba
Directors: R.H. Willett, P.A.C.
Fraser, J.B. Cronyn, W.A.Rand, D.S.
Jennings
Trading symbol: MMO
Sec. No: 407462
Cusip No: 553900 10 1
Wt Symbol: MMO.WT.A
Wt Security No: 902080
Wt Cusip No: 553900 11 9
Unit Security No: 862480
- 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.
