You are wise to have worked out that mr Cohen would have being...

You are wise to have worked out that mr Cohen would have being the only winner if he succeeded. Now let's be a little optimistic on the deal that has been accepted.
If the Kitd share price is $1 in six months and then goes up to it's 12 month high of $14 we would get not 40c but $7 per Hyro share.
How could this be a bad deal!