Ann: Becoming a substantial holder from Tiga Trading Pty Ltd, page-17

Yet RFG is profitable and GYG is not... and that's why some of Australia's greatest value investors have some of the largest positions in this and not in that.

Sometimes aggressive expansion and flashy IPO tactics are just that, RFG used to be in that same spot when they were a billion dollar company flying high and then their share price tumbled to hell and we all know the story from there. There's countless other examples of similar high flying launches out of Aus, F45, Culture Kings (now AKA Brands). RFG have done a wonderful job building back up, sure it's looking like it'll be tough economic times ahead but they're in a much stronger position than a few years ago.