Haha,
Those who sold MAS Mother shares now and subscribe to rights could be " trapped "
I could see the right issue to be very successful if they do that ( sold the mother shares ) , or odeli happening as reported in Business Times ?
Those big local funds would be happily " makan" the cheap mother shares now and control them.
Once the OR trading is approaching the final days, the Mother share price would start to surge.
Again, people would rush to buy the OR and subscribe happily.
Mother share price would continue to go up until the very last day for investors to subscribe.
THEN THE OBJECTIVE OF MAS RIGHT ISSUE IS SUCCESSFUL MET.
THAT is the time for those who sold the mother shares now to get regretted for selling too low.
Of course this is my own conspiracy theory. Could be 100% wrong, basing on Axiata and Maybank's experiences.
Seek all opinions from the experts you can find.
I am Not responsible for any losses if you follow my conspiracy theory.
Best is to sit back and see how the show develops.
Good Luck to all.
Based on your conspiracy theory, those who sell the mother now and get the rights can just top Rm1.60 to get back the mother share at the end of the day...they will still be happy cause their price is effectively lower....Of course provided your initial cost is not too high la.