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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Address: 2600 - 40 King St W
Toronto ON M5W 2X6
Phone: 416 945 4394
Fax: 416 863 7425
Website:
https://www.scotiamanagedcompanies.com
Warrant Symbol - SIN.WT
Number Trading - 15,116,997
Expiration Date - September 15,
2011
Cusip -
Exercise Price - $14.04
Warrants called to trade news:
SCITI to list 15.11 million
warrants
2011-02-17 17:34 MT - Warrants
Called to Trade
SCITI Trust's 15,116,997
warrants will begin trading on
the Toronto Stock Exchange on a
when-issued basis at the open on
Feb. 23, 2011, according to the
TSX. As in a Feb. 14, 2011,
short form prospectus, SCITI
will issue to holders of record
on Feb. 25, 2011, one warrant
for each unit held. One warrant
entitles the holder to buy one
unit at $14.04 on or before
Sept. 15, 2011.
- 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.
