Don't get too excited The quarter was good, but not relevant as a basis for future results if the mark-up is going to change.
And it is also positive that Chorus seems to have a strong case in its AC dispute, but some are going to complain that the issue is still not resolved, and a dividend cut is still a possibility.
I expect (hope) a real move up in the stock will come in Q1 2013, when this dispute is hopefully finally behind them, and all the tax-loss selling is done.