CL001: RNO
Just an observation...ifthe court case is worth as much as your think then it is logical to assume that the company would want that included in the company's valuation. Propsective take over companies would not want to pay for something that does not exist yet and would not want to include it in the company's valuation.
I assume there are ways to include it in the valuation if the parties can agree on how much the potential should be discounted. However, any takeover is surely going to be postponed till the court case is resolved or at best it will be delayed by the outstanding court case.
I think you will have to put up with incompetent management for much longer. Also, although I agree with your point about BWR handled their delay well by issuing PRs, in general I don't think I would hold BWR's management up as a good example of competent management. They have had more than their share of dlays in dleivering on projected plans.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes