hotchkief not likely to get more than 74%. > 75% and the company...

hotchkief not likely to get more than 74%. > 75% and the company may have to restructure debt and it probably won't be able to, yet

whether or not the price they offer is fair or not is another matter. usually 20% premium. well, even though the price has only gone up 11% today. it went up 7% the day before so let's say 17% premium price ie almost 20%, so probably fair value.

I suppose if they want the other 26% they'll have to pay at least another 20% premium above the market price.
Thing is we don't know when that might. could be in week or a year. Suppose it depends on when they can get their house in order