General's Daughter Blockbuster H$75 Warrant

Symbol:GNRBW
Status:Inactive
IPO Date:Jun 3, 1999

Description

The Summer Blockbuster Warrants give each trader an opportunity to invest in the long term financial success of the biggest and best offerings each studio has to offer. Each Summer Blockbuster Warrant functions the same as a call option would. The strike price is the estimated total domestic box office take by Labor Day Weekend (September 1st).

If the particular film makes the strike price by Labor Day the Warrant will cash out at the difference between the Actual Box Office and the strike price. If the film does not make at least the strike price then the Warrant will cash out at zero.

For Example Star Wars Episode I: The Phantom Menace has a H$350 strike price. If Star Wars makes $375 million domestically then the Star Wars Warrant will cash out at H$25 per share. (Box Office - Strike Price [$375-$350]). If Star Wars makes less than $350 million then the warrant will cash out at H$0.00.

The Warrants will halt trading the August 31st and will cash out on September 6th. 1999.



Related Securities

MovieStocks

General's Daughter Blockbuster H (GNRBW)

H$25.40

Delist Date Delist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0

High and Low Trading Prices

This Week H$25.40 H$25.40
This Month H$25.40 H$20.72
This Season H$25.40 H$2.00
This Year H$25.40 H$2.00

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