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 - NQL.WT.A
Number Trading - 750,000
Expiration Date -
Cusip - 63727P 11 2
Warrants called to trade news:
1989-01-11 16:00 MT - New
Listing
Also Change Name, Roll Back Shares
(DFI) D.F.I. Ventures Ltd
D.F.I. Ventures Ltd (DFI)
Pursuant to a special resolution
passed March 10 1988, the company
has consolidated its capital on a
two old for one new basis. The name
of the company has also been changed
from D.F.I. to National Quick Lube.
Effective at the opening January 17
1989, the common shares and series A
warrants of National Quick Lube will
be posted and called for trading on
the VSE and the common shares and
series A warrants of D.F.I. will be
delisted. The company is, under the
rules of the exchange, a development
company.
COMMON SHARES
Capitalization: 50,000,000 shares
with no par value of which16,171,165
shares are issued and outstanding
Escrow: 375,000
Transfer agent: Pacific Corporate
Services
Trading symbol: NQL
Security No: 464209
Cusip No: 63727P 10 4
Capitalization: 750,000 warrants
are issued and outstanding
rant trading symbol: NQL.WT.A
Wt Security No: 905338
Wt Cusip No: 63727P 11 2
- 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.
