Ardent shares dip as Dreamworld stays shut

Shares in Dreamworld owner Ardent Leisure have fallen another five per cent as the theme park remains closed indefinitely.

With the Dreamworld theme park set to remain closed until after the funerals of the four people killed on its Thunder River Rapids ride, the market value of its owner continues to slide.

The park's chief executive Craig Davidson also says Dreamworld will undergo peer-reviewed internal and external safety audits before reopening.

Dreamworld owner Ardent Leisure had originally planned to re-open the park on Saturday.

Shares in Ardent Leisure dropped 11 cents, or 5.1 per cent, to $2.04 on Friday, and they have fallen by more than 20 per cent since the incident on Tuesday.