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 - OSY.WT.B
Number Trading -
Expiration Date - May 1, 1989
Cusip - 67612M 13 4
Warrant Symbol - OSY.WT.A
Number Trading -
Expiration Date - November 1, 1988
Cusip - 67612M 12 6
Warrants called to trade news:
1987-08-28 01:00 MT - Filing
Statement
The VSE has accepted for filing the
company's filing statement dated
August 28, 1987 which discloses the
following:
ACQUISITION OF ST MICHAEL
EXPLORATION CO INC
The order of the bankruptcy court,
approves the acquisition of St
Michael by dyssey in consideration
of Odysseys issuing units of Odyssey
common shares and share purchase
warrants, (Odyssey units) to St
Michael shareholders, certain
creditors and other recognized
claimants.
Class A Warrants
Each class A warrant shall be fully
transferable and shall give the
holder thereof the right until 4:30
pm, November 1, 1988, to purchase
one share of Odyssey common stock at
a price of US$0.75.
Effective at the opening, August 31,
1987, the class A warrants will be
posted and called for trading on the
VSE.
Wt trading symbol: OSY.WT.A
Wt Security No: 906551
Wt Cusip No: 67612M 12 6
Wt expiry date: November 1, 1988
Wt trading symbol: OSY.WT.B
Wt Security No: 906552
Wt Cusip No: 67612M 13 4
Wt expiry date: May 1, 1989
1985-06-14 01:00 MT -
Warrants Called to Trade
Effective at 10:00 a.m., local time,
June 17, 1985, 1,000,000 series "A"
share purchase warrants will be
posted and called for trading.
Two warrants are required to
purchase one share of the company at
$0.54 per share on or before
December 11, 1985.
Trading symbol: OSY.WT.A
Wt security No: 906600
- 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.
