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 - VCC.WT.A
Number Trading - 10,000,000
Expiration Date - August 11, 1992
Cusip - 925302 14 3
Warrants called to trade news:
1988-05-13 15:39 MT - Change
Name, Roll Back Shares
Versatile Corporation (VCC.A)
Pursuant to a special resolution
passed May 6 1988, the company has
consolidated its common share and
subordinated voting share capital on
a 10 old for one new basis and has
subsequently increased its
authorized capital. The name of the
company has also been changed from
Versatile Corporation to B.C.
Pacific Capital Corporation.
Effective at the opening May 18
1988, the class A subordinate voting
shares and the class B common shares
of B.C. Pacific Capital Corporation
will be posted and called for
trading on the VSE and the common
shares of class A subordinate voting
shares and class B common shares of
Versatile will be delisted. The
company is, under the rules of the
exchange, an exempt company.
Effective at the opening May 18
1988, the 1987 series subordinate
voting share purchase warrants and
the 1986 series subordinate voting
share purchase warrants of B.C.
Pacific will be posted and called
for trading on the VSE and the 1987
series subordinate voting share
purchase warrants and 1986 series
subordinate voting share purchase
warrants of Versatile will be
delisted.
CLASS A SUBORDINATE VOTING SHARES
Capitalization: 200,000,000 class A
subordinate voting shares with no
par value of which7,204,454 shares
are issued and outstanding
Transfer agent: National Trust
Company
Trading symbol: BPQ.A
Security No: 063830
Cusip No: 05535M 10 4
read more... || collapse
- 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.
