Symbol: | SHABW |
Status: | Inactive |
IPO Date: | May 11, 2000 |
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 for Summer 2000. 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.
Shaft has a H$75 strike price. If Shaft makes $100 million domestically then the Shaft Warrant will cash out at H$25 per share. (Box Office - Strike Price [$100-$75]). If Shaft makes less than $75 million then the warrant will cash out at H$0.00.
The Warrants will halt trading on September 1st and will cash out on September 5th, 2000.
Shaft H$75 Blockbuster Warrant (SHABW)
H$0.00
Delist Date Delist Price
Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 0
This Week | H$0.06 | H$0.06 |
This Month | H$0.19 | H$0.06 |
This Season | H$30.87 | H$0.06 |
This Year | H$30.87 | H$0.06 |
What is a: Derivative, Status, Change Today