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long-term holders sitting on paper losses should sell now because the endgame is near. Especially if their average price is above RM2.35 ... too risky to average down. If the privatisation fails, the price will collapse.... this is bad news for 45% share owned by retailer...
Im not sure, if the price went below 2.35. Im pretty sure the privatised will not fail as this is contradicting the ability of Genting to take over at 2.35 for each share..