Share price of Ardent Leisure, the operator of the Dreamworld theme park on the Gold Coast, fell by as much as 8 per cent following news of a tragedy at the venue.
Dreamworld chief executive Craig Davidson said the Queensland park had been closed following the death of four people on a ride on Tuesday.
He said, “Dreamworld is now working closely with the police and emergency services and authorities to establish the facts around the incident”.
“We are deeply shocked and saddened by this and our hearts and our thoughts go to the families involved and their loved ones.”
ASX-listed Ardent owns Dreamworld and the neighbouring WhiteWater World on the Gold Coast.
The group said Dreamworld will remain closed tomorrow on Wednesday as a mark of respect for the victims and their families.
“Dreamworld is working as quickly as possible to establish the facts around the incident and is working closely with emergency authorities and police to do this. Dreamworld’s focus and priority is with the families of those involved in this tragedy and will be providing an update to the public as soon as information becomes available,” a company statement said.