Tomolo 4 new call warrant listed

New Warrants       Expiration   Ex Price             Ratio  Issue Price    Mom Closing 28/7/2010
MAYBANK-CO 28/07/2011  MYR 7.7000   6 : 1       0.15              7.70
PBBANK-CN     28/07/2011  MYR 11.8800  8 : 1      0.15             12.18
TM-CM               28/07/2011  MYR 3.2000    3 : 1      0.15             3.35
KPJ-CA              28/07/2011 l MYR 3.2000    5 : 1      0.15             3.63

Let's check and see whether worth to buy or not:

Maybank- CO = 6*0.15 + 7.70 = 8.6 ( not worth it)
Pbbank - CN = 8*0.15 + 11.88 = 13.08 ( Not worth it)
TM-CM = 3*0.15+3.20 = 3.65 (not worth it)
KPJ-CA = 5*0.15 + 3.20 = 3.95 ( maybe can consider)

What do you think????