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.

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...

Someone said a dairycrest deal is imminent and was in the guardian not so long ago. I don't like counting chickens...just like cadburys deal etc.

Legend...I said about the rumour in the Guardian last week. Things are certainly looking good for PDX.

I mustn't have been looking, apologies dynamate!! Yes, things are looking good. I originally set a price target of 2.00 when I bought in at 1.20 odd, but now I think there is plenty more to come.

I don't think that the results will be much to write home about, but with a few 'big' contracts, you would expect it to be cash generative relatively soon.

Stocks like this are as rare as a blonde virgin!!!!

Be careful cos' the results usually make PDX go down, after all they have made little money yet and large overheads. This should be another good buying opportunity IMHO

Lol I know a blonde virgin, maybe not for long though..... This technology has so much potential, I saw a presentation by them to the company I work for and it looked very impressive.

Dynamite,

Well we have retraced slightly from the peak, but IMHO the price has held up well, and some investors, like myself may use this as an opportunity to add a few more before the next news is released, which I would expect to be in 2005 now.

I feel 2005 will be PDX's year personally.

Watshot.com have said this is a Quality stock that should be a part of anyones Portfolio.

Looks like we're getting a good bit of consolidation at the 195p level. A couple more days of this will provide a nice support level for any further rises.

Do I feel another announcement coming on......hmmmmmm.

sandrew64,

well somebody thinks they know something!

I would have thought they'd have left it until the new year personally, a couple of decent anouncements on other stocks have had no effect today.

Very true andy but a nice little one before the new year would mean that it would get coverage at the start of the new year saying... that 2 were announced before christmas and .... more to come in 05.

These are potentially moon bound....

Yes come on this is getting exciting now... Somethings up...

Nice one legend290782 - and "The Moon in Blue" Blue Blue. I too feel a little pre-Christmas cheer is on the way prior to one hell of a party in the New Year

Merry PDXMas everyone!!!

Results should be due very soon, shouldn't they?

Lol were all very happy on here, so glad I bought back in recently after making money up from 60p, wish I had more cash to invest... Firemist really excites me so much potential worldwide for this application alone.... 4.00 broker forecast is looking more more achieveable in the short term...

Results due in Jan., but can't find a date.