CEH 1.03% 49.0¢ coast entertainment holdings limited

Yep, the market is subscribing a mere $95m valuation to the...

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    Yep, the market is subscribing a mere $95m valuation to the theme park assets and all the surplus land.

    For context, movie world undertook a sale & leaseback for their land in 2017 (before industrial land values exploded) for $100m.

    Dreamworld was earning $30m/year before the accident too. Decent odds it gets back to something like this level over time.

    Lot of value here IMO for patient long-term holders.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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