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 - WMI.WT
Number Trading -
Expiration Date -
Cusip - 097935 11 8
Warrants called to trade news:
Warrant terms adjusted
1998-03-11 04:34 MT - Miscellaneous
The TSE advises that at the opening
of business on Thursday, March 12
1998, the common share purchase
warrants of Westmin Resources
(symbol: WMI.WT) will commence
trading under the name Boliden
Limited with the stock symbol and
Cusip number set out below.
Symbol: BOL.WT
Cusip No: 097935 11 8
- 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.
