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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Address: 2 - 64 Riel Dr
St Albert AB CANADA T8N 4A4
Phone: 780 418 4400
Fax: 780 418 1941
Web Site: https://www.enterprisegrp.ca
Warrant Symbol - E.WT
Number Trading - 10,417,500
Expiration Date - December 20, 2015
Cusip - 29373A 11 3
Exercise Price - $1.00
Warrants called to trade news:
Enterprise Group to roll back shares 1:3
2015-06-24 17:54 ET - News
Release
Enterprise Group Inc. is proceeding with
a consolidation of its outstanding
common shares on the basis of one
postconsolidation common share for every
three preconsolidation common shares
held. The consolidation was approved at
the annual and special meeting of
shareholders held on May 28, 2015.
The consolidation has been approved by
the Toronto Stock Exchange and the
consolidated common shares of the
company will commence trading on the TSX
within three to four business days. The
new Cusip number for Enterprise's
postconsolidated common shares is
29373A303 and the new ISIN is
CA29373A3038.
Information for warrantholders
Listed warrants of the company trading
on the TSX under the symbol E.WT
(expiring on Dec. 20, 2015) will
continue to be traded on the TSX under
such symbol following the consolidation
of common shares. It is important to
note that the listed warrants are not
being consolidated. Following the
consolidation, each three listed
warrants will entitle the holder to
purchase one postconsolidated common
share of the company at the adjusted
total exercise price of $3. In
accordance with the terms of the warrant
indenture governing the listed warrants,
notice of the consolidation has been
sent to all holders of these warrants.
2013-12-19 13:26 MT - Warrants Called to Trade
Enterprise Group Inc. will list 10,417,500 share purchase warrants on the Toronto Stock Exchange at the open on Friday, Dec. 20, 2013, according to the TSX. The exchange reports each warrant entitles the holder to buy one share for $1 for 24 months from the closing of its offering of subscription receipts. Each subscription receipt entitles the holder to receive one Enterprise share and one-half of a share purchase warrant, for no further consideration, on Enterprise closing its acquisition of Hart Oilfield Rentals Ltd.
The warrants will trade under the symbol E.WT and Cusip No. 29373A 11 3. The TSX will halt trading in the warrants at the open on Dec. 20, 2013, and they will remain halted until Enterprise completes the acquisition.
- 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.
