Respectfully, I’d suggest your incorrect.
Before covid the Themepark division wasn’t making a profit.
The parks aren’t full I recently made a visit with two other shareholders and none of the parks were full. Dreamworld had very poor attendance and there was no real lines to speak of at Dreamworld other than what was caused by Covid and/or the now lack of attractions. With the many deleted, closed rides and shops not open in middle of school holidays the park has no real attraction to locals that know there is no value for there dollar. Without both international tourism and new rides Dreamworld has a lot of catch up to do to get back to becoming a industry leader in this country.
The share price sadly is a reflection of the current state of events in both the US and Australia. It’s not all doom and gloom tho at some point the US will get on top of there issues and Dreamworld with the new Mack ride will get back some of its glimmer. I was one that was hoping for $1 by last Christmas and I still believe we are $1+ but it’s going to be a longer road than I thought.
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