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 you may only get one shot at it, but to get the opportunity to demonstrate the Firemist to the US defense dept. is a big one if successful. Also and I quote " We have
also recently installed the first PDX evaluation circuit with a customer in the
United States."
Well as someone said on the other side just hoping that may be Coke US LOL

legend,

Cheers, oops! post corrected!

Is something brewing?

Mines a large scotch

Glad to see someone is still upright (for now at least!. I was beginning to think everyone had keeled over in shock at the sp flying!

Up they go... well done all holders for having some cahonies!!!

Hope it continues...

I am told that Investec have issued some lengthy doc. on PDX obviously a positive note, and I dont have a copy. But believe there are some comments on iii board.

mikeran,

for a 24P rise, on no news, (not yet at least), it must have been some document!

Certainly must Andrew!!! I am not a holder but would sure as hell like to know who that customer in the us is that pdx is testing on.... anyone for coke??!!

I am watching with interest...

Independent 17/03

Pursuit Dynamics is another "blue sky" stock, which offers investors untold riches if it can put into practice its technology. Its shares jumped 24p to 211p as Investec Securities urged clients to pile into group. The broker described it as "one of the most tantalising investment opportunities that we have come across in recent years".

The company says it has a unique brand of technology for the food and drinks industry and Investec believes that if the company is able to deliver on its promises its shares will, in the broker's words, "be worth considerably more than their current valuation".

The next 12 months are crucial for Pursuit. After more than fours years of research and development, the group's first commercial product was launched in January. Investec hopes Pursuitwill announce the first commercial orders within the next quarter or two

Times 17/03

Pursuit Dynamics put on 24p to 211p as Investec Securities said the licensing vehicle may be worth 419p, citing the promise of first commercial orders within the next six months.

mikeran,

Held up well amidst a sea of red today!

Mention in today's shares mag, p37. Interesting suggestion that contract news may be imminent, according to an Investment Manager at Wilson King, who is quoted as saying:

"The companys expertise has caught
the attention of potential customers. Contract
negotiations can be time-consuming but it
looks as if there could be some news in
pipeline. The shares have also benefited from
the appointment of a new broker, Investec
Securities, which has communicated the story
to investors well. Hold."

how comes the price is dropping so much - is this a delayed reaction to other stocks falling too??

It's obvious to me that the company has signed some deals - why not tell the market??

I really think this co has the potential for great success. It is just a shame a lack of newsflow is denting the sp at the mo.

Andy, you still holding??

legend,

Not directly anymore, but my shareclub still holds PDX.

I think the recent shorting attack may still be underway, combined with a weak market, and total lack of newsflow and deals at PDX.


I will be back in when PDX actually announce a major deal.

Here we go - Did you get back in Andy - I sold some and bought again in recent weeks. I am still anticipating this little gem getting to 4

oakapples,

No, but I'm pleased for all holders that are in, this has been a long toime coming, and they deserve their reward.

My shareclub still hold, so I have some that way, better then nothing.

This really is terrific news IMHO, not so much the value of the order, more the quality of the customer, and the credibility their purchase gives to the PDX product.

I expect they will be abl;e to utilise this news to aquiremore orders from the food processing industry now.

I think the PDX train just left the station.

Anybody know the results of the FireMist test on the US Navy ship Alabama?
Why's the sp going down?
I'm confused....

Niels,

No they haven't announced that yet.

AIM stocks are taking a real pounding at the moment, hence today's fall.