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ADDleisure PLC a 10p short termer (ADE)     

happyhappy190 - 15 Aug 2005 12:13

ADDleisure PLC ADE


This is about to breakout, 5p by end of today and then moving rapidly upto 10p by the end of the week. Its time to get in. My feeling is this one will break 10p and move on upwards as we move into the autumn. But my short term tatget is 10p and it now time to get in before it races away.

From a recent RNS

"To emphasise our commitment and confidence in the Company, the Directors are
exercising part of their holding of warrants. We are busy securing further
business for all our investments and believe that our investments have the
products and personnel to be successful."

The entire issued ordinary share capital and warrants of ADDleisure were
admitted to trading on AIM yesterday and the closing mid-market price on the
first day of dealings was 6.25p, representing a premium of 1.25p per share (or
25 per cent.) to the issue price of 5p per share.
ADDleisure has made a positive start to the 2005 financial year. The listing has
increased the awareness of the Company and given us the financial framework
within which to develop our business proposition.

n line with the Board's expectations, the results for the six months ended 31
January 2005 show a turnover of 98,000, although the Company was not actively
trading for most of that time. There was a gross profit of 35,000
The Power Plate was successfully introduced in the Netherlands in 1999. Today it
is licensed for distribution in over 24 countries including Italy, Spain,
France, Japan, China, South Korea, Canada and the USA and is widely used by
professional sports teams, training centres, rehabilitation

lanayel - 22 Jun 2007 12:56 - 4 of 4

It's taken nearly a year but we are finally over 5p !!!!!

;o)

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