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 - NCW.WT.A
Number Trading - 755,000
Expiration Date - September 14 1995
Cusip - 664903 12 7
Warrants called to trade news:
1995-09-14 16:40 MT -
Warrants Called to Trade
Further to the VSE notice issued
September 6 1995, effective at the
opening September 15 1995 series A
share purchase warrants will be
posted and called for trading.
Two warrants are required to
purchase one share of the company at
$1.05 on or before September 14
Wt trading symbol: NCW.WT.A
Wt security No: 905618
Wt Cusip No: 664903 12 7
Unit security No: 863450
1995-09-06 16:47 MT - SMF
Approved
The company's statement of material
facts qualifies the issuance of
755,000 shares and 755,000 series A
share purchase warrants upon the
conversion of 755,000 special
warrants at $1.05 per share,
previously issued under a private
placement. No additional
consideration will be received by
the company upon the issuance of the
shares and share purchase warrants
which will be issued no later than
September 15 1995.
Effective date: September 7 1995
Agent: Haywood Securities
Wt trading symbol: NCW.WT.A
Wt security No: 905618
Wt Cusip No: 664903 12 7
Unit security No: 863450
- 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.
