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 - SCS.WT
Number Trading - 695,000
Expiration Date - March 11 1996
Cusip - 783973 11 8
Warrants called to trade news:
1995-09-20 16:38 MT -
Warrants Called to Trade
Effective at the opening September
21 1995, 695,000 series A share
purchase warrants were posted and
called for trading.
One warrant is required to purchase
one share of the company at $0.80
per share on or before March 15
1996.
Wt trading symbol: SCS.WT
Wt security No: 912111
Wt Cusip No: 783973 11 8
Unit security No: 870105
1995-09-11 16:53 MT - SMF
Approved
Effective date: September 12 1995
Offering date: Tba
Expiry date: March 11 1996
Offering: 695,000 units comprising
one share and one series A share
purchase warrant
Price: $0.80
Wt term: One warrant to buy one
share
Wt exercise price: $0.80 for six
months
Agents: Pacific International
Agents Wt: For 173,750 shares
Wt trading symbol: SCS.WT
Wt Security No: 912111
Cusip No: 783973 11 8
Unit trading symbol: SCS.UN
Unit security No: 870105
- 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.
