The WGP seems to have a much higher implied volatility than the...

The WGP seems to have a much higher implied volatility than the WMP meaning WGP is more expensive.

Also delta of the WGP is about 8%; WMP is about 5%. So looking at price per unit of delta WGP is also expensive.

As said above, by debono et al, it all depends when sandune's bad info is released. Judging by the two put warrants the implied release date is 07:00 on 26 July I'd say.

cheers