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: Box 766, 2600 -
500 Centre St SE
Calgary AB Canada T2G 1A6
Phone: 403 766 2000
Fax: 403 766 7600
Web Site: https://www.cenovus.com
Warrant Symbol -
CVE.WT
Number Trading - 65,433,323
Expiration Date - January 1, 2026
Cusip - 15135U 11 7
Exercise Price - $6.54
Warrants called to trade news:
Cenovus has also
requested reservation of “CVE.WT”
on the TSX and “CVE.WS” on the
NYSE as the trading symbol for the
Cenovus Warrants to be issued
pursuant to the Arrangement. The
NYSE has authorized the listing of
the Cenovus Common Shares and the
Cenovus Warrants to be issued
pursuant to the Arrangement and
the Cenovus Common Shares issuable
upon exercise of the Cenovus
Warrants and Cenovus Replacement
Options, subject to shareholder
approval of the Arrangement and
that the Cenovus Warrants will
meet the distribution standards of
the applicable rules of the NYSE
upon listing. Listing will be
subject to Cenovus fulfilling all
of the listing requirements of the
NYSE.
Each whole Cenovus Warrant will
entitle the holder thereof to
acquire one Cenovus Common Share
upon payment in full of the
exercise price of $6.54 per
Cenovus Common Share for a period
of 60 months following completion
of the Arrangement. Cenovus has
applied for the Cenovus Warrants
to be listed and posted for
trading on the TSX under the
symbol “CVE.WT” and on the NYSE
under the symbol “CVE.WS”. For
additional terms in respect of the
Cenovus Warrants, see “The
Arrangement – Details of the
Arrangement – Description of the
Cenovus Warrants”.
- 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.
