For me, I am small player, so let's look at IJM call warrant:
There are 2 call warrant:
IJM CC Expiry 26 Nov 2010 Conversion Price: 3.857 Ratio: 4.3:1
Current price of mom: 5.30
son price: 0.325
and
IJM CD Expiry 10 Dec 2010 Conversion Price: 4.0 4.40 Ratio: 5:1
Current price of mom: 5.30
son price: 0.185
Both look very attractive:
Another one is IJM-WC ( I have 1 lot of IJM-wc)
24 Oct 2014
RM 4
Ratio: 1:1
Also very attractive and safer.