Saturday, November 27, 2010

What is an Warrant (PACIFIC ANDES)







Warrants / Convertible Securities



PACIFIC ANDES RES DEV W110722

Warrants / Convertible Securities


PACIFIC ANDES RES DEV W110722

Last Date/ Time to submit Subscription Notice22 JUL 2011 05:00 PM 
Listing Date28 JUL 2009 
Expiry Date22 JUL 2011 
Outstanding Balance277,481,158 
Price ($) as at 2010-11-260.115 
High for the year ($)0.190 
Low for the year ($)0.090 
High for the month ($)0.125 
Low for the month ($)0.100 
Exercise PriceSGD 0.23000 
Underlying StockPACIFIC ANDES RESOURCES DEVLTD 
Underlying Stock Price ($) as at1 2010-11-260.330 
Conversion Ratio1 warrant(s) : 1 share(s)
Cash ($)0.000 
Premium/(Discount) (%) (Cash)4.55 
Premium/(Discount) (%) (Bonds) 
Gearing (x)2.87 
Remarks 














A warrant is an leverage instrument(usually 2-5yimes) of entitlement to covert the warrant into a main share.















































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