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: 3800 - 200 Bay St
Toronto ON M5J 2Z4
Phone: 416 702 2410
Fax: 647 724 0056
Website:
https://www.ethiopianpotash.com/index.htm
Warrant Symbol - FED.WT
Number Trading - 24 million
Expiration Date - September 9,
2012.
Cusip - 297653 12 3
Exercise Price - $0.75
Warrants called to trade news:
Ethiopian Potash to list
25.92 million warrants
2011-03-10 14:50 MT - Warrants
Called to Trade
Effective at the opening on
Friday, March 11, 2011, the
common share purchase warrants
of the company will commence
trading on the TSX Venture
Exchange.
Corporate jurisdiction: Ontario
Capitalization: 25.92 million
warrants with no par value of
which 24 million warrants are
issued and outstanding
Transfer agent: Olympia Trust
Company
Trading symbol: FED.WT
Cusip No.: 297653 12 3
The warrants were issued
pursuant to two private
placements completed by the
company's predecessor prior to
the reverse takeover. Each
warrant entitles the holder to
purchase one common share at a
price of 75 cents per share and
will expire on Sunday, Sept. 9,
2012.
- 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.
