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u have no choice but to sell.
surely it will become unconditional: as >50% has agreed to sell
very likely to be delisted (requirement: 75%): as likely the consortium can get >75% (currently 71+% has agreed to sell)
Samantha: i guess some are selling because 1) they misunderstood the deal, 2) they bought it at rm2.6x, so there is no upside potential and they require money urgently
Some still think that the offer will fail. They wont get the rm2.64. And the founder himself is selling to others, that is not a good sign. (Info: even if this deal succeed, Dr Kee will only hold 6% of the final + cash)
Samantha: another reason ppl sell now is probably due to they dont want to wait for the whole process which could take many months. So they are ok to lose 2-3 % than holding the stock for another, say 6 months.