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 - MXE.WT
Number Trading - 2,400,000
Expiration Date - December 15 1993
Cusip - 57773L 11 6
Warrants called to trade news:
1993-06-14 16:10 MT - New
Listing
The ASE has been advised by Yorkton
Securities that the offering date
for the offering of 2,400,000 units
at $0.50 per unit will be June 16
1993. Each unit consists of one
share and one warrant. The shares
and warrants will be posted for
trading on the ASE at the opening
June 16 1993. Commencement of
trading may be delayed pending
receipt of documentation.
Stock symbol: MXE
Security code: ISM & WCCC - 427 936
Cusip No: 57773L 10 8
Transfer agent: Montreal Trust
Wt symbol: MXE.WT
Wt security code: ISM - 902 672;
WCCC 902 710
Wt Cusip No: 57773L 11 6
Expiry date: Two warrants to
purchase one share at $0.65 to
December 15 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.
