AAD 0.00% $1.49 ardent leisure group

Ann: Ardent Leisure Group Half Year Financial Res, page-12

  1. 350 Posts.
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    re: Ann: Ardent Leisure Group Half Year Finan... Hey Legume - I am surprised it has drifted down as well (other than the world is ending and all that stuff). Announcement on 10/6 which had the Morgan Stanley Conference preso contained a positive 9 mth update for all divisions. They have also been able to reduce already comfortable gearing with the first 11.5 million received for the Dreamworld land sale ($5 million to come).

    The only question mark in recent times was the resignation of the Dreamworld CEO to pursue other interests - according to his Linked in Account he is "Looking for a leadership opportunity where I can shape the direction and culture"

    I have got back in as well in low 120s as it seems like good buying and we can bank the distribution while we wait for value to be recognised.
 
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