weely, this is not a bonus issues or syer split where after ex the price will drop. This is dividend pay out , is different , dividend pay out not necessarily after ex the price will drop, you look at nestle and public bank every year pay dividend, every year syer price going up..

the only reason after ex the price go down is bcos some research house not confident of future Air asia new business model, on the other hand, some research house and corner stone investor like EPF keep on buying meaning they are confident of AA future model, conclusion is if selling call more than buying call, syer price will drop and the other way round as well, so it purely depend on market confident or not with future AA business model

market actually have different opinions, some people think AA new business will not work, Tony will definitely fail at some point and make company rugi, they will sell, the other ends, some people think new business will work, Tony will definitely success. They will buy, so many research house give different opinions , so you want to listen to who, your decide, not right or wrong, just do cost averaging down to manage the timing risk if we confident otherwise just sell.. or T+2 .whatever..