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 - NGT.WT
Number Trading -
Expiration Date - September 30 1995
Cusip - 65136J 12 4
Warrants called to trade news:
1995-09-25 17:19 MT -
Warrants Called to Trade
The warrants will commence trading
on a cash basis at the opening on
September 27 1995 in conjunction
with their expiry and delisting on
September 29 1995.
Supplemental listing
1995-04-06 15:44 MT - Miscellaneous
The common share purchase warrants
will be posted for trading on the
ASE at the open April 10 1995.
Symbol: NGT.WT
Security code: ISM - 905 380; WCCC
- 905 381.
Cusip No: 65136J 12 4
Transfer agent: Montreal Trust
Company of Canada
Expiry date: September 30 1995
- 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.
