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 - NPP.WT.A
Number Trading - 5,500,000
Expiration Date -
Cusip - 65231D 11 3
Warrants called to trade news:
1992-11-19 15:55 MT -
Warrants Called to Trade
The share purchase warrants of the
company will be posted for trading
on the ASE at the opening November
23 1992.
Stock symbol: NPP.WT.A
Security code: ISM - 905 351; WCCC
- 905 378
Cusip No: 65231D 11 3
Transfer agent: Montreal Trust
Terms: Two warrants and $1.15 to
purchase one common share
Expiry date: November 17 1994
1992-11-16 16:23 MT -
Warrants Called to Trade
Further to the VSE notice dated
October 7 1992, the exchange has
been advised that 5,500,000 units at
$1.00 per unit have been subscribed
for under the offering, pursuant to
the company's prospectus dated
October 2 1992. The issue is
scheduled to close at 7:00 am
(Calgary time) on November 17 1992.
Accordingly, effective at the
opening November 18 1992, 5,500,000
series A warrants will be posted and
called for trading, subject to
satisfactory distribution to the
public.
Transfer agent: Montreal Trust
Wt trading symbol: NPP.WT.A
Wt security No: 905378
Wt Cusip No: 65231D 11 3
Unit security No: 863440
- 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.
