who cares? Given how this board has rated the leadership of this company, it should be grateful that, (if they held on to the stock) this leadership team #$%$ this much of a victory out of what was a dismal situation, i.e. war, juntas, coup, etc. Kudos to the management team.
If the deal is approved by Joint Oil this is very much a good deal for Sonde and management is to be congratulated but not everyone on the board was as negative about management. Lemonade out of a big giant lemon will be the judgement if it works. Buy rating must still be seen as speculative but certainly things look better for Sonde than they have in some time.