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 - NHB.WT.A
Number Trading -
Expiration Date - April 25 1990
Cusip - 64526F 12 3
Warrants called to trade news:
1989-09-14 16:25 MT - Rights
Offering
The company will offer to
shareholders of record at September
25 1989 rights to purchase shares of
the company.
Basis of offering: Two rights
exercisable for one unit at $0.75
per unit. Each unit consisting ofone
share and one A warrant.
Record date: September 25 1989
Shares trade x-rt: September 19
1989
Rt called for trade: September 19
1989
Rt trade for cash: October 17 1989
Rt expire: October 24 1989
Rt trading symbol: Tba
Rt security No: Tba
Rt Cusip No: 64526F 11 5
A Wt expire: April 25 1990
A Wt exercisable at: $0.75
Wt trading symbol: Tba
Wt security No: Tba
Wt Cusip No: 64526F 12 3
Unit security No: Tba
- 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.
