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
Address: 800 - 65 Queen St W
Toronto ON M5H 2M5
Phone: 403 263 3000
Fax: 403 263 3041
Website:
https://www.vastexploration.com
Warrant Symbol - VST.WT
Number Trading - 12.5 million
Expiration Date - June 5, 2011
Cusip - 92237U 11 3
Exercise Price - $0.50
Warrants called to trade news:
Vast warrants to list on Nov. 12
2009-11-11 14:14 MT -
New Listing
Effective at the opening
Thursday, Nov. 12, 2009,
warrants of Vast Exploration
Inc. will commence trading on
the TSX Venture Exchange. The
company is classified as an oil
and gas company.
Corporate jurisdiction: Ontario
Capitalization: 12.5 million
warrants with no par value of
which 12,495,000 warrants are
issued and outstanding
Transfer agent: Equity Transfer
Services Inc.
Trading symbol: VST.WT
Cusip No.: 92237U 11 3
These warrants were issued
pursuant to a private placement
financing accepted by the
exchange on June 24, 2009. Each
warrant entitles the holder to
purchase one common share at a
price of 50 cents per share and
will expire on June 5, 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.
