Ann: Supreme Court upholds Bathurst's appeal, page-29

I would have thought that BRL has avoided a $70-80m payment.
Given there are approximately 200m shares that would work out to 35-40c a share (very roughly)
So I thought that the price should now be at least 80c?? To say nothing of avoiding a capital raise/share dilution or possible bankruptcy.
With the focus now on the operations and possible dividends The price today seems low, so I've bought more today.
Still the market is the market and people have lots of reasons for buying and selling and the price is what it is. In my opinion anyway they are worth a fair bit more than 65c. Hopefully time will add value.