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 - RYR.WT.C
Number Trading - 1,000,000
Expiration Date - August 1 1996
Cusip - 76667E 11 1
Warrants called to trade news:
1996-04-30 16:39 MT - SMF
Date Price Fixed
The company's SMF dated April 29
1996 has been filed with and
accepted by the BCSC and the VSE.
Effective date: April 30 1996
Offering date: May 1 1996
Expiry date: August 1 1996
Offering: 1,000,000 units. Each unit
consisting of one share and one
series C warrants.
Unit price: $0.45
Wt exercise price: $0.45 up to May 1
1997; $0.51 up to May 1 1998
Wt term: One series C warrant to
purchase one share for two years
Agent: Canaccord Capital
Agents' Wt: For 250,000 shares
Agent's Wt exercise price: $0.45 up
to May 1 1997; $0.51 up to May 1
1998
Agents' commission: 7 1/2%
Greenshoe option: Up to 15% at $0.45
to July 2 1996
Transfer agent: Montreal Trust
Company
Wt trading symbol: RYR.WT.C
Wt security No: 911165
Wt Cusip No: 76667E 11 1
Unit security No: 868739
- 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.
