AAD 0.00% $1.49 ardent leisure group

Up 2,2% Today, page-6

  1. 3,636 Posts.
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    I agree it's not worth the anxiety but unfortunately the running of this company has been very inconsistent and they have made many mistakes which have put me in a situation where by I can not exit at this point in time. In relation to yield or growth, it is both. The company has always been in effect a REIT property structure. Over the years they have provided dividends and growth. The reasons they gave for cutting Are utter rubbish (except for the tradgey of Dreamworld), they cut the dividends by more that half, the revenue impacts to the group will be in proportion to what Dreamworld contributes this is the level at which Di ends should have been cut unless there is a lot more bad news coming which they have not disclosed. Shareholders once again are used to soften the blow but they have not taken a bath...this is my opinion and my position, each to their own I guess. Cheers
 
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Currently unlisted public company.

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