AAD 0.00% $1.49 ardent leisure group

Major sellout ?, page-18

  1. 5,381 Posts.
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    Are you sure - ?
    This business has very high fix cost, every day that theme park close they lose a lot of money due to no revenue but high fix cost of maintaining the park

    There will be a breaking point where they will eat all the business profit and you running break even or at a loss and no one know where that point is as everything is up in the air.

    I don't think the current price is attractive given the recent event at best fair value at worse a little over price.
 
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