Visitors boost Ardent shares
SHARES in Ardent Leisure have rallied after the Dreamworld theme park owner reported an improvement in visitation numbers.
Ardent, which also owns WhiteWater World, said visitor numbers were down 30.5 per cent in June compared to a year ago. However, this was better than the 35.8 per cent decline reported in May.
Shares in Ardent closed 3c, or 1.5 per cent, higher at $ 2.07 yesterday. Unaudited revenues declined by about 35 per cent to $ 4.4 million during June, also a slight improvement on May.
Visitor numbers have been dramatically lower for Ardent Leisure since four people died when a raft flipped on the Thunder River Rapids ride at Dreamworld on the Gold Coast last October.