INSAS PR traded at 0.21.
Assume market price listing is INSAS PA 0.85 and INSAS WA 0.15 on 3rd March 2015.
Worth to buy????
I pay RM 1 + 0.21 = 1.21 and get two free warrant.
At 3rd of March 1 PA = 0.85 + 2 WA* 0.15 = 1.15 my sell price
So I will rugi 6 cents.
This is the worst case scenario.
What if it traded above this price?
Nobody will know, you dare to take the RISK?