Ann: Response Regarding Product Date Extensions, page-21

When the stock was $7 it's was making enough profit to pay debt and dividends.....The market was pricing in continued growth in outlet numbers, cash flow and profit.

The brand will take 3 to 5 years to rebuilt. RFG only have months until the debt need to be sorted.....

Also, the senate enquire has referred RFG to the ATO and ASIC for overstating there intangible assets. So it's more likely these so called assets get marked down, not up.

I also find it troubling that a bank will lend against these intangible assets. It comes down to serviceability. Cash flows and profit.