MTOUCHE-WB (RM0.145 on 16/3/2012):-
1) Underlying share price= RM0.50
2) Exercite price= RM0.27
3) Expiry date= 16/03/2020
4) Cnversion ratio is 1 for 1
5) Premium= -17%
Based on above information, is it MTOUCHE-WB is good trading buy, since premium is -17%?
Or is a trap, like TMS-WA?
But shall be consider on 16/3/2012, total direct deal of 15,000,000 share (Average price RM0.40, 6.6% of share issued for MTOUCHE) has been done.