Pheu Thai and Palang Pracharat (junta) are both trying to form the government now.
Pheu Thai won the most seats, even after the constitution was changed to make it harder for Pheu Thai to gain seats. I presume the number of seats is how the government is chosen. So they're trying to form a coalition government.
Palang Pracharat say they got the most votes of any party, so they intend to form a coalition government. I presume this is against the rules of their own biased constitution. And that's ignoring that the anti-junta votes were purposely split between several parties, to gain more seats. Eg. Pheu Thai and Future Forward's votes of 7,423,361 + 5,871,137 vs Junta's 7,939,937.
And that's after lots of election rigging.
It's just the Junta not wanting to leave, even though they lost, with the rules already bent in their favour (and after the king's interference).
A newer article: https://m.bangkokpost.com/news/politics/1651900/pheu-thai-announces-7-party-coalition-with-255-mps
So Pheu Thai say they have a coalition of 255 seats vs the necessary 251. That should be enough to form government (assuming no backstabbing switches etc), but the junta appointed senate could still appoint Prayuth as PM.
If Pheu Thai is able to form a government, then the Junta's main option would be to continue under a half-half democracy under a Pheu Thai coalition and their appointed senate, or another coup to return to dictatorship.
I think the government is due to be formed around 9 May. So lots of time for more rigging or changes. It's a fairly good result for now.
Especially interesting is that Future Forward gained 87 seats from 500. They benefited a lot from the junta's anti-Pheu-Thai constitution. They gained the 3rd most votes, which got them a lot of seats.
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