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: 1600 - 140 10th Ave SE
Calgary Ab Canada T2G 0R1
Phone: 403 233 7565
Web Site: https://www.tervita.com/
Warrant Symbol - TEV.WT
Number Trading - 2,702,649
Expiration Date - July 19, 2020
Cusip - 88159E 11 1
Exercise Price - $18.75
Warrants called to trade news:
Tervita merger with
Newalta, TSX listing
2018-07-20 17:44 MT - New Listing
The Toronto Stock Exchange reports
that Tervita Corp. (New Tervita)
will begin trading at the open on
July 24, 2018, as a result of the
merger of Newalta Corp. and Tervita
Corp. (Old Tervita). According to
the TSX, there will be 117,557,112
New Tervita shares issued and
outstanding, with 14,458,360 shares
reserved for issuance, and 2,702,649
New Tervita warrants issued and
outstanding, with no warrants
reserved for issuance. The New
Tervita shares will trade under the
symbol TEV and Cusip No. 88159E 10
3. The New Tervita warrants will
trade under the symbol TEV.WT and
Cusip No. 88159E 11 1.
The New Tervita warrants, which are
governed by a warrant indenture
dated July 19, 2018, are exercisable
at $18.75 per share until 4:30 p.m.
Calgary time on July 19, 2020.
© 2018 Canjex Publishing Ltd. All
rights reserved.
- 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.
