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 - NPX.WT.A
Number Trading -
Expiration Date - May 10 1995
Cusip - 67019 M 11 7
Warrants called to trade news:
1995-04-18 15:51 MT - Resume
Trading
Further to notice for Apex Energy
Corp dated March 2 1995, effective
at the open April 21 1995 trading in
the post-consolidated series A
warrants will resume, the company
having obtained a new cusip number,
trading symbol, and new warrant
certificates in connection with the
company's name change and 1:4
consolidation.
Two post-consolidation warrants and
$1.60 entitle the holder to one
post-consolidation share of Nu-Apex
Energy Corp. The warrants expire May
10 1995.
Transfer agent: Montreal Trust
Company
Symbol: NPX.WT.A
Security No: 905960
Cusip No: 67019 M 11 7
- 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.
