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 - ONG.WT
Number Trading - 1,823,700
Expiration Date - Sept. 21, 2001
Cusip - 591474 11 9
Warrants called to trade news:
Meteor warrants to commence
trading Jan. 11
2001-01-09 17:49 ET - Warrants
Called to Trade
Effective at the opening on
Thursday, Jan. 11, 2001, the
share-purchase warrants of the
company will commence trading on the
Canadian Venture Exchange. The
warrants were issued pursuant to an
offering completed Dec. 29, 2000.
One warrant entitles the holder to
purchase one share at a price of 80
cents per share until March 21,
2001, and thereafter at a price of
$1.00 until Sept. 21, 2001.
Warrants: Unlimited warrants with
no par value of which1,823,700
warrants are issued and outstanding.
Symbol: ONG.WT (warrants, new)
Cusip No.: 591474 11 9 (warrants,
new)
- 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.
