Dreamworld share price plummets in wake of tragedy

Craig Davidson believes the Gold Coast theme park's "track record has been consistently good".

"I would in particular like to acknowledge Theme Parks CEO Craig Davidson, with whom I have spent the much time at Dreamworld and who has done a tremendous job under such hard and unprecedented circumstances".

Ms Thomas was then told the Dorsett family were actually watching the press conference and were furious at nay suggestion they had been offered support.

New Zealand-born Cindy Low, 42, was killed along with Australians Kate Goodchild, her brother Luke Dorsett and his partner Roozbeh Araghi when the Thunder River Rapids Ride malfunctioned on Tuesday.

Mr Dorsett and Ms Goodchild's mother Kim Dorsett said her devastated 12-year-old granddaughter was blaming herself for the tragedy.

Ardent Leisure - the parent company that owns Dreamworld - is holding its annual general meeting in Sydney today.

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Chief executive Craig Davidson said the firm was "deeply shocked and saddened by this and our hearts and thoughts go to the families involved and their loved ones".

He told the meeting everyone at the company was grieving and "very much affected by the seriousness of this bad accident".

"I hope that I will be able to help them and if I can't help them personally, we will make sure we have everything in place to assist them through this tragedy".

"I have three children and have lost two of them.my whole family has been wiped out".

'People have a perception about a culture of fear and intimidation within the workplace, ' Queensland union secretary Ben Swan told Radio 2UE.

The park will open its gates for a memorial on Friday, opening smaller rides, animal attractions and its water park.

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"Four people died very recently, and we are all shattered by this", Ms Thomas said.

In the UK, Merlin Entertainments Plc, operator of the Alton Towers theme park in central England, was last month fined £5 million (S$9.02 million) by a court over a roller coaster crash past year that caused two people to lose limbs.

The park will now stay closed until at least Monday.

"It's also a place were people are employed, so i'm really hopeful that there is a pathway forward that enables the company to continue to operate that facility".

One note from an October 2012 inspection found that air compressor units on rides - including the Thunder River Rapids - were deemed "not fit for service" while some needed repairs and replacement parts.

"It's driven by the utmost respect for the families and the deaths".

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