Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

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'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Wednesday, 24 May 2017

Rezoning for Dreamworld?

Dreamworld located on "prime real estate"

I recently took a look here at the February trading update and HY17 results from Ardent Leisure (ASX: AAD) in the wake of events at Dreamworld. 

In a Strategic Initiatives ASX release this morning Ardent noted that it has appointed a town planner to assess feasibility for rezoning parts of the precinct.


Source: ASX

"Alternate uses" - sounds ominous.