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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Website -
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Address: 275 - 1075 Georgia St W
Vancouver BC V6E 3C9
Phone: 604 639 4673
Fax: 604 639 4670
Website -
https://www.paloduro.ca/s/Home.asp
Warrant Symbol - PDE.WT
Number Trading - 56,251,500
Expiration Date - March 23, 2009
Cusip - 69744M 11 5
Exercise Price - $0.50
Warrants called to trade news:
Palo Duro Energy to list
warrants on TSX-V July 26
2007-07-25 14:18 MT - Warrants
Called to Trade
Effective at the opening July 26,
2007, the warrants of the company
will commence trading on the TSX
Venture Exchange. The company is
classified as an oil and gas
company.
Corporate jurisdiction: Alberta
Capitalization: 56,251,500 warrants
with no par value of which
56,251,500 warrants are issued and
outstanding
Transfer agent: Equity Transfer and
Trust Company
Trading symbol: PDE.WT
Cusip No.: 69744M 11 5
The warrants were issued pursuant to
a brokered private placement of
112,503,000 units at a price of 35
cents per unit where each unit
comprises one common share and
one-half of one share purchase
warrant. Each warrant entitles the
holder to purchase one common share
at a price of 50 cents per share and
will expire on Monday, March 23,
2009.
- 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.
