I believe the directors have the goals of "righting the wrong"...

I believe the directors have the goals of "righting the wrong" and "achieving the best possible outcome for shareholders" in mind.

Remember that the pirates still owned a substantial chunk of BHD prior to BHD relisting. If the directors were to simply wind the company up and return capital to shareholders instead of getting the company relisted as they did, a substantial chunk of that capital would have to have been handed over to the pirates. That course of action wouldn't have been aligned with "righting the wrong" and definitely not the best possible outcome for those of us who have been harmed by the actions of the pirates.

That being said, I don't know what's on the roadmap for BHD but I wouldn't be surprised if it's the latter scenario you mentioned.