Ann: Appendix 3C - On-market share buyback, page-37

Successful investing has a fair bit to do with research......you know the whole "knowledge is power"
You say in your post.....
"Maybe they have got L&M around the table and everything is hush hush while the details are hammered out... I'm thinking this is the case otherwise an appeal (or lact off) would have almost certainly been lodged (and announced) by now (and it hasn't...)"


One must always read past the headlines to keep up with the whole story.
This is from the Investor presentation and company up date from the 3 rd of September 2018.
You might have missed it as it did not make the head lines on the front page.

An update on the case:
✓ Bathurst has lodged an Appeal against the finding on a number of grounds and Bathurst will need to be successful in only one of these for the Performance Payment in question not to be payable.

✓ The timing of an Appeal hearing is unknown at this time but is unlikely to be in 2018 (more likely first quarter 2019).

✓ BRL has full confidence in its legal team (a major law firm and a leading QC). Their advice is that we have a strong case.

✓ BRL has deferred a maiden dividend at this time as a contingency only