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 - PFM.WT
Number Trading - 5,985,000 half
warrants
Expiration Date - Feb. 25, 2006
Cusip - 72765W 11 1
Warrants called to trade news:
2005-03-22 14:13 MT - New
Listing
Effective at the opening, March 23,
2005, the 5,985,000 free-trading
half warrants issued pursuant to the
company's short form offering
document dated Jan. 31, 2005, will
commence trading on the TSX Venture
Exchange. Other half warrants, which
are currently subject to a hold
period, will also be listed for
trading upon expiry of the hold
period.
Corporate jurisdiction: Alberta
Capitalization: 5,985,000 half
warrants with no par value, of which
5,985,000 half warrants are issued
and outstanding
Transfer agent: Valiant Trust Co.
Trading symbol: PFM.WT
Cusip: 72765W 11 1
The one-half warrants were issued
pursuant to a short form offering
document dated Jan. 31, 2005. Each
whole warrant will entitle the
holder to purchase one common share
without par value at a price of 45
cents per share and will expire on
Feb. 25, 2006
- 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.
