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 - SNP.WT
Number Trading - 6,000,000
Expiration Date - January 29 1996
Cusip - G81643 11 9
Warrants called to trade news:
1996-01-04 13:22 MT - EOP
Completed
Effective date: November 30 1995
Offering date: December 14 1995
Expiry date: January 29 1996
Trade date: January 5 1996
Offering: 12,000,000 units minimum,
each unit consisting of one share
and one half warrant
Price: $0.50
Agents: Odlum Brown, Brink Hudson,
Pacific International, UCC, Union
Securities
Agents Wt: 600,000 non-transferable
share purchase warrants
Directors: F.Y. Ping; A.S. Li; W.
Min; M. Goldberg; J.A.Ellison;
J.C.R. Collis; N.S. To
Trading symbol: SNP
Security No: 617925
Cusip No: G81643 10 1
Wt trading symbol: SNP.WT
Wt Security No: 912870
Wt Cusip No: G81643 11 9
Unit trading symbol: SNP.UN
Unit security No: 870570
Unit Cusip No: G81643 12 7
1995-12-13 13:22 MT - EOP
Date Fixed
Effective date: November 30 1995
Offering date: December 14 1995
Expiry date: January 29 1996
Offering: 12,000,000 units minimum,
each unit consisting of one share
and one half warrant
Price: $0.50
Agents: Odlum Brown, Brink Hudson,
Pacific International, UCC, Union
Securities
Agents Wt: A maximum of 600,000
warrants on the basis of one warrant
for every ten units sold
Directors: F.Y. Ping; A.S. Li; W.
Min; M. Goldberg; J.A.Ellison;
J.C.R. Collis; N.S. To
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- 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.
