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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Website - https://www.vu.com/
Warrant Symbol - VRX.WT
Number Trading -
Expiration Date -
Cusip - 92824T 11 5
Warrants called to trade news:
1993-02-11 17:22 MT -
Warrants Called to Trade
The warrants will commence trading
on a cash basis at the opening of
business on February 15 1993 in
conjunction with their expiry on
February 22 1993. The warrants will
be delisted at 12:00 noon (Calgary
time) on February 22 1993
1992-11-25 15:16 MT - New
Listing
The shares and warrants of the
company were posted for trading on
the ASE at the opening November 24
1992.
Trading symbol: VRX
Security code: ISM - 711 308; WCCC
- 711 303
Cusip No: 02824T 10 7
Transfer agent: R-M Trust
Wt trading symbol: VRX.WT
Wt security code: ISM - 919 296;
WCCC 919 298
Wt Cusip No: 92824T 11 5
Wt terms: One warrant exercisable
for one share at $1.00 for 90 days
from November 24 1992.
- 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.
