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.

Well the price is creeping up maybe if he has taken a short position he won't be smiling at the end of the day... I'm in for the long term as this is fantastic technology, i've seen a presentation to the company I work for, if the firemist takes off then 1.70 will look v v cheap.

Most of us are in for the long term but some people are only out to line their own pockets.

Instead of Marathon Mike (MM) he should be called Mini Me (MM) with the amount of 'shorting' he does.

Marathon Mike:

Yes at first I couldn't comprehend a 75m value of the company based on net assets and results, but Pursuit are rumoured to believe their PDX technology is worth 100m plus. I don't like to see a lot of good will either on a balance sheet as how much would the company be worth if you split it up?? nothing.

If you can improve industrial processes the way in which PDX can, how can you put an exact quantifiable value of a company. The market does this through the demand and supply of shares thus finding an equilibrium price (as I learned in my economics degree). There seems to be a lot of people that like the story hence recent price rises. I think shorting a stock like this is very dangerous in a situation like this, but good luck whatever you do.

Yes the coca-cola deal is relatively small and yes they would have to be big contracts to add great value to the firm. I think there is a money making opportunity in the short term and I wouldn't put off people that wish to stay in it for the long term.

Only time will tell

Well said legend could not have put it better myself, as you say shorting is a way of investing but I think this stock is not the one for that, time will tell as you say.

When you have a minute guys have a look at this company:

Belgravium Technology (BVM) pays a half penny dividend, currently 12p is. Mkt cap 7m. Company has 2m cash... very undervalued. A good little business.

Ok anyone know why PDX is going up this time??? Is a deal about to be announced again or is it results time??? I seem to remember they are normally announced in December. Does anyone know? It's looking good Yay!

Dynamite,

The price is rising on the back of the Coca Cola deal, and the anticipation of further deals to be announced in the near future, in my opinion.

The adoption of PDX technology by a global brand leader such as Coca Cola is simply superb, it will add credibility and make other companies sit up and take an interest IMHO.

My shareclub added today, and I am considering a portfolio rearrangement too!

Thanks Andy...I agree about PDX and Coca Cola etc but I had a feeling that there was some more news coming...Now this morning PDX announce a new advisor. This share is going to really fly in 2005.

The Guardian today has a rumour that there is about to be a deal with Diary Crest...Has anyone heard anything???? Things are looking even better.

Nothing heard but that would be the "cream on top of the deal"...

185p and rising

Looking good...

like i once said, i like this share better than sex... dynamite, i totally agree, more to come i think.

Legend...PDX is good but I think you need to change your partner in bed...PDX ain't that goooooood!

Might buy you better sex... If it goes to 10.00

Who wants to pay for sex??? That would be crap. ....The only way PDX at 10 will buy better sex is if we are all high on the euphoria this would create....Is this what you mean Adie?

Hats off to Marathon Mike in his shorting attempt!!!

Dynamite... pdx aint that good??!! The legend has his own ways of pumping fluid. I am quick... but not as quick as PDX!!

I have read so much about proposed contracts, but the one that has been talked about most I think is:

The colour of the traffic light when you should go, and the card second highest to an ace in poker!!

Legend,

Cheers!

PDX looking quite strong now, up through 200p this week maybe?

Another signed deal would certainly put come icing on the cake, and that may well be in a different industry such as brewing, paper and pulp, or maybe even firemist.

Some of John Heatcote's recent updates have suggested deals in the plural, and if they come to pass, along with the change of broker, I can only see increased interest in PDX in the near future, and that should be good for the share price.

Whee! Finally broken 2 intraday for the first time. I've been holding these for quite a while. Nice to finally have them land a deal. Now if Pipex would just break out of it's range...

This is looking good now, only one deal signed and it has pushed through 2.00, can't wait for more news on Firemist...