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 - NXL.WT.A
Number Trading - 900,000
Expiration Date - October 24 1988
Cusip - 63061D 11 3
Warrants called to trade news:
1988-06-09 17:16 MT - EOP
Completed
Effective date: April 25 1988
Offering date: June 8 1988
Expiry date: October 24 1988
Trade date: June 10 1988
Offering: 900,000 units consisting
of 1 share and 1 A warrant
Price: $0.60
Wt to buy 1 share: 1
Wt exercisable at: $0.70
Wt expire: December 7 1988
Agents: Odlum Brown
Agents Wt: None
Directors: I.H. Lundin,
H.L.Klingmann, W.A. Rand, J.H. Craig
Trading symbol: NXL
Security No: 459434
Cusip No: 63061D 10 4
Wt symbol: NXL.WT.A
Wt security No: 905030
Wt Cusip No: 63061D 11 3
Unit security No: 863406
1988-06-07 17:16 MT - EOP
Date Fixed
Effective date: April 25 1988
Offering date: June 8 1988
Expiry date: October 24 1988
Trade date: Tba
Offering: 900,000 units consisting
of 1 share and 1 A warrant
Price: $0.60
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- 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.
