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Ardent Leisure Group Ltd ( (AU:CEH) ) has provided an announcement.
Coast Entertainment Holdings Limited, listed on the ASX, has announced that its Preliminary Approval Development Application for Dreamworld has been called-in by the Queensland Minister for State Development, Infrastructure and Planning. This means the Minister will now assess and decide on the application instead of the local council, with the company awaiting the decision to determine future land use. Additionally, the company reported strong trading performance for FY26 year-to-date, with significant increases in attendance and ticket sales, contributing to higher operating revenue and EBITDA. The construction of Dreamworld’s new attraction, King Claw, is progressing well and is set to open in December 2025.
The most recent analyst rating on (AU:CEH) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Ardent Leisure Group Ltd stock, see the AU:CEH Stock Forecast page.
More about Ardent Leisure Group Ltd
Average Trading Volume: 584,736
Technical Sentiment Signal: Sell
Current Market Cap: A$161.3M
For an in-depth examination of CEH stock, go to TipRanks’ Overview page.