Spsetia-wb - in money

I have spotted another blue chip warrant.

Details as below:


Stock Name
SPSETIA
Warrant Name
SPSETIA-WB
Yahoo Code
8664WB.KL
Type
CALL
Strike Price
MYR 2.9900
Ratio
1 to 1
Call Price
NA
Strike Date
17 Jan 2013
Listing Date
NA
Premium about: 5% only cheap but risk factor is TIME.

3 warrant worth to look at:

1) WCT- wb - catalyst is bonus issue, conversion price to 1.85 and mother adjust down to 2.34
So, it is worth 0.49. current price now is 0.28 
2) SP setia-wb  - only for trader, not suitable for long hold
3) YTLpower-wb - long expiry date, no momentum