Chatted to the freinds daughter. Last week on a day Dreamworld drew a crowd of 2500 , comparable day last year was 9000. I would assume a large percentage of recent visitors would be pass holders. So there is no way they are operating at anything but a loss. I don't know how quickly the crowds will return but I think you would have to be optermistic to think there will be any contribution to ebitda from Dreamworld for the year. That is a big hit. Not permanent but significant nonetheless. The newsflow has to get worse before better. Maybe I am wrong but I think I will delay purchase untill the data is in the market place.
AAD Price at posting:
$2.34 Sentiment: Hold Disclosure: Not Held