It's not a bad result, slightly more than expected but not a...

It's not a bad result, slightly more than expected but not a blowout figure like the Goodlife gyms transaction, at least one less headache for management to worry about at least.

On top of the lost earnings at Dreamworld, the hit to AAD might come in compenation, fines, legal costs, which might result in a reduction in dividends this year. The SP seems to have absorbed all this info pretty well and they do seem to be on a winner with Main Event in the US, although this will bubble along until we see something more concrete from management about expansion plans and first cashflows.

After a horrible tragedy, in the medium term this looks like a good growth story