Wave Warrants

[Big_Bucks]

Can any expert Wave Trader please tell me why people are prepared to pay R4.15 fot TOPDWV (max top40 @ 32000) and yet TOPDWW can be had for just R2.52 (max top40 @ 32500) Both expire 1/6/08 and are D/Bank .The only difference I can see is one has 3 million in issue and the latter has 6 million in issue.

[#2]

Cause DWV's 5000:1 that gives it a 15:1 gearing, while DWW is 10000:1 and has a 12:1 gearing