Why would the results be late? Coupled with the SP action, this looks like a good sign for CKL.
The SP upside action preceded the announcement so the whole thing seems quite bullish. I can't find speeculation short of a few articles about Ruffy and the consolidation of the industry. The FTAs seem to make it easier for PGH, CKL, ORA etc to TO businesses within Asia/ China.
Could CKL be a target?
My T/A trajectory, if it continues, points CKL towards 70 cents but it needs more time at these levels with slight upticks for the T/A to work.