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 - NTD.WT
Number Trading -
Expiration Date -
Cusip - M7515F 12 1
Warrants called to trade news:
1995-03-01 16:26 MT - Rights
Offering
The company will offer to
shareholders of record at March 14
1995 rights to purchase shares of
the company. One right will be
issued for each share held. Ten
rights and $5.15 are required to
purchase one unit, each unit
consisting of one share and one
warrant. The offer will expire on
June 12 1995. One share purchase
warrant and $5.15 entitles the buyer
to purchase one share up to June 12
1996.
Effective at the open March 7 1995
the shares will trade ex-rights and
the rights will be posted and called
for trading at that time on a when
issued basis.
Basis of offering: Ten rights
exercisable
for one unit at $5.15
Record date: March 14 1995
Shares trade
ex-rights: March 7 1995
Rights called
for trading: March 7 1995
Rights trade
for cash: June 5 1995
Rights expire: June 12 1995
Rights symbol: NTD.RT
Rts security No: 834429
Rights Cusip No: M7515F113
Series A warrants
expiry date: June 12 1996
series A warrants
exercise price: $5.15
One warrant to purchase one share at
$5.15 up to June 12 1996.
Wt trading symbol: NTD.WT
Wt security No: 905610
Wt cusip No: M7515F121
Unit symbol: NTD.RT
Unit security No: 864468
Unit Cusip No: M7515F139
Subscription
agent and
Trustee: Pacific corporate
Trust Company
Authorized
Jurisdiction(s): The state of Israel
- 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.
