Ann: FY21 Results Investor Presentation, page-13

Intangibles would be intellectual property
This assumption is based off their HY Report released in February and their Appendix 4C released in January
In the Appendix 4C they broke down the cash flow a little further and they spent $14.183m on IP and this is translated in the HY as payment for intangibles to the tune of $14.182m


I haven't thought about it until right now
But why are they paying $30m for IP?
Is that excessive?