This is firmly where my focus is. There was about $34m in capex in the last half.... far more than the maintenance capex figure that has been given (from memory it was $20m [$10m a half] a year or two ago).
They're either very confident they can grow the business, or they're throwing money down the drain. Given their history I'm willing to hold and bet its the former, but I can't rule out the latter.
TGR Price at posting:
$3.61 Sentiment: Hold Disclosure: Held