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 - PPD.WT.A
Number Trading - 3,168,520
Expiration Date - December 31 1994
Cusip - 697908 12 7
Warrants called to trade news:
Shares and warrants called
to trade
1992-11-03 15:59 MT - Miscellaneous
Further to the VSE notice dated
August 13 1992, the company has
satisfied all conditions prior to
trading and effective at the opening
November 5 1992, its shares will be
called for trading. In addition,
effective at the opening November 5,
3,168,520 share purchase warrants
will be posted and called for
trading as follows:
Wt exercise price: $1.75 per share
Wt term: One warrant to purchase
one share by December 31 1994
Transfer agent: R-M Trust Company
Wt trading symbol: PPD.WT.A
Wt security No: 907805
Wt Cusip No: 697908 12 7
- 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.
