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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Website -
Click to add
Warrant Symbol - RWL.WT.X
Number Trading - 731,017
Expiration Date -
Cusip - 76559P 12 5
Warrants called to trade news:
1987-07-02 01:00 MT - Rights
Offering
The exchange has been advised that
731,017 units of the company have
been issued pursuant to the rights
offering dated effective April 29,
1987. Gross proceeds of $906,461.08
were received by the company.
The exchange has been advised that
731,017 X warrants have been issued
pursuant to the rights offering.
Effective at the opening, July 3,
1987, the X warrants of the company
will be posted and called for
trading on the VSE. The company is,
under the rules of the exchange, a
development company.
Capitalization: 731,017 X warrants
authorized and outstanding
Transfer agent: Canada Trust
Company
Trading symbol: RWL.WT.X
Security No: 911168
Cusip No: 76559P 12 5
1987-04-24 01:00 MT - Rights
Offering
The company has announced it will
offer to shareholders of record on
May 5, 1987, rights to purchase
units of the company.
Basis of offering: Two rights
exercisable for one unit at $1.24
perunit
Record date: May 5, 1987
Shares trade x-rt: April 29, 1987
Rt trade for cash: May 28, 1987
Rt expire: June 4, 1987
Trading symbol: Tba
Security No: Tba
Cusip No: 76559P 11 7
X-Wt expire: December 1, 1987
X-Wt exercisable: $1.43
- 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.
