They will have around $13M of cash outflow this half which RFG indicated isn't required, and the new business (i.e. master licenses) that they invested in last half will start to see revenue in this half.
We know a majority of their assets are intangible so the way of reinvesting is purchase new brands or expand their brands (which they did).
Or reinvest in the current franchisees but how much is the cost split between the 2.......
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