Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.



PDX 25 Sonic.

The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.



Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.





Corporate website : http://www.pursuitdynamics.com/


Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.

Encouraging news which will hopefully halt the drift in SP. Also could be a flurry of contract news in next 3 to 4 months.

Keep your eye on PDX this week!

May be breaking out of the recent range.

I have long had faith in this one having gone in at 40p and as you say have been encouraged by the steady recent climb - one good contract will do it.

I am in with these guys, plenty of potential here me thinks.

Yes loooking good, although I would like to see a bit more volume to confirm the trend, but a nice rise nevertheless.

Good luck to all.

Nice tick up again today!

I reckon much more to come andy, some good press at the weekend. I think these have the potential to be massive, even from here.

legend,

Me too!

I have been to Royston, and seen this stuff working, and it was mighty impressive.

There is real potential here, make no mistake.

dealers saying that the cadburys deal will be announced imminently.

ssanebs,

yes it certainly looks as though something is up!

Volume is higher than average too, normally a good sign, IMHO!

Really ssanebs, I have heard rumours myself, but I don't like counting chickens. If a cadburys deal is announced, where do you see the price going from the news alone??

very difficult to price until you see the actual terms of the licence, and thats if they give the full terms. But they need to strike a major deal, which will show the product works.

up 4% in early trading.

Do we treat the announcement re press comments as negative ?

RNS says in discussions but no contacts awarded yet.

Sharp drop this morning. Anybody know why?

nope but given the high expectations, people flood in when there's chatter of an announcement.. - I think maybe T+10's / CFD's are closing..

This one is a question of patience. It will come good IMHO. My only concern has been rather too many directorship changes but who knows may be the outgoers were not up to it.

What's going on here today? Is it just lack of news or does someone know something I don't?

Without news it may fall to 120p before rebounding. Recent sshare option of 5000 shares being taken up by an employee sounds like good news as IMHO that is more likely to be a mid-executive rather than a Director (who have already filled their boots.