See todays RNS.

Nice one Robb - you have a target to get back in?

I've only managed to get out then back in cheaper once - let some go at 72p then bought same value back at 65p. The three other times I tried I ended up reducing my holding.

gausie:-(
nice little mention in financial times saying that there is talk of large institutional interest and more agrrements possibly in the pipeline

a quid by lunchtime?

:o)

Gausie, what were you just saying about not trying to time the shakeouts? I know a profit is a profit but I award myself a big doh!

There's obviously some serious momentum behind them now. The only problem with pdx as I see it is that you have to shorten the timescale on the "Quid by ......" t-shirts so bloody often :-)

Robb - u may have got it right. I was saying that I always screw it up.

Pursuit Dynamics plc announces that trials carried out on its innovative PDX
Technology by Sonico Ltd ("Sonico") have been successful. Following the
satisfactory completion of the trials programme, and having reached the end of
the exclusivity period, Sonico requested the exclusive licence to utilise the
technology for a number of applications within the wastewater industry. However,
Pursuit has received further expressions of interest relating to the use of the
PDX Technology in the wastewater industry from other major companies within this
sector. Consequently, the Board of Pursuit has rejected the request for an
exclusive licence but remains in discussions with Sonico regarding the possible
granting of non-exclusive licences for specific applications in the wastewater
industry.


In addition to the confectionery industry agreement that is currently in place,
Pursuit is in active discussions with companies involved in the following
industries: food, oil, dairy, nuclear decommissioning, brewing, chemicals,
paint, pet food and defence.


Pursuit's CEO John Heathcote said: "The Sonico performance evaluation programme
has proved the commercial potential of our technology in several wastewater
applications. The current high level of interest evident from major
participants, both in the wastewater and other industries, allows us to be
selective in the choice of partners who we feel have the capability to maximise
the market penetration of the PDX Technology in the time-frame we require from
our licensees."

Nice one Gausie but not quite qualifying yet for the header:)
M

Well done to everyone, if only I had not sold at 72p!!

No stamina Mike

Gausie,

Any thoughts re the RNS?

Personally, although it read well I was a tad disappointed that the first deal isn't signed, although obviously if that enables them to negotiate better deals and increase shareholder value, it's fine, but a revenue earning deal would have silenced the doubters.

Andy it's better than a deal.

It proves that the technology works
It proves that companies want to pay for it
The exclusivity request implies that companies believe it provides competitive advantage.
PDX's refusal implies other customers in the same industries in the wings - so rapid adoption.
It proves PDX won't be pushed into making a deal for the sake of it
It implies success in the other industries undergoing trials.

This, I believe is why the price is holding up on probably the biggest volume day since PDX came to the market.

DCF 8 - 10
2 by xmas.

Gausie; :-) only 2

Bullie

That's 2 bid

Probably worth mentioning that IG index now quote PDX - which means traders can now go short if they want to. Wouldnt recommend it without a tight stop loss tho.

Gausie

gausie; Whats shorting?

Bullie: Let me explain shorting, when you go to buy a car, the dealer sells you something he doesn't actually have at the time . . . . :)

Incidentally, is the PDX steam-powered car with the no moving parts the next enviro-vehicle?

Gausie,

Thanks for your reply, and I agree with the points that you raised.

With regard to IG Index, some of us are already long!

Mr G Nice of you to Take the time ! Great to see you Thursday .

Boyse

The other side is closed for enhancements this weekend - they outsourced to Jarvis? Trust not. Anyway...yet another RNS promised for this hot stock, sooner rather than later, by the way. The promise was by one held in great esteam over there.

Off on visit to PDX soon too.

Alchemist

I believe the expression is: "About to leave the station. Toot! Toot!"

Something like that, anyway.

When Torotrak had a similar interview the reaction was very positive.

http://www.wallstreetreporter.com/profiles/PursuitDynamics.html