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.

Mention in Shares - management - in the "Danger-signs" list....DYOR.

Run out of PDX before getting caught.

Getting ever lower...60p now.

chuffing beautiful...been adding to my position over last 2 days........got a huge profit on this donkey now but still lots more to come i think

oh well guys--hi again after a long break-as you all know i sold out most of my holding over 3 share last year and the rest went at 2.46--I see the shares are now bouncing back with a vengeance--Black Rock--formerly Merryl Lynch--has taken a 10% stake earlier this month--hence the upward movement--interesting times we live in nowadays!
Anyone know why Black Rock has taken a stake of 10% in this company and what the future now holds generally for PD?!
I might even consider buying back at these levels if anyone can convince me of a good story!
look forward to hearing from you all.

Oh how I wish I could give you an answer. By size of purchases I would hope it is PDX employees !!

Why not ask EK he loves this company!!

just giving us another chance to make more money shorting this piece of crap.

do they still have a net loss bigger than their tunrover?

yes last results showed loss more than twice turnover.

therfore still overvalued piece of shit.

i stated watching it again when it started moving back up...once it levels out i will be shortingt he arse off of it again

Whilst I don't doubt that this will see sub 30p again, they have ramped the SP up so many times before, who's to say that it will not happen again.

I don't have a position in this but I would not like to bet against seeing 2.50 before 30p.

why would it see 2.50?.....it has been proven their technology does not sell..have they been punting it for 7 years now?

i would love it to get to 2.50 again...every single piece of profit i have made on it will be going heavily short.

it is a junk share

Blackrock seem to like them they acquired 10% a week ago?

big deal. what hapened to the last saviour Jon Morley that bough 25% at an average price of 2?

Treblewide

The share may well go up because another application will be discovered or maybe there will be a big RNS that they have sold another pump. They have done this several times before and will continue to do so until they get found out. But I don't think they will get found out yet!

"another application"....to add to the list of current applications that no one buys........it is the biggest short in the world i am amzed we are getting anohter crack at it...just about picking the trade

down they go--mm--i think i will hold off buying any shares for timebeing!!-better quality shares elsewhere --so many are selling on the cheap still!

Optimist, you are right, this is a cracking short.



Pursuit Dynamics plc

('Pursuit Dynamics' or 'the Company')
IBEC Update

Pursuit Dynamics plc (AIM: PDX), the developer and exploiter of the PDX platform technology, today provides an update on the trial installation of a PDX Ethanol Reactor Tower (ERT) with Iroquois Bio-Energy Company LLC (IBEC) of Rensselaer, Indiana.

The trial ERT operating at IBEC has been temporarily suspended due to the lack of adequate steam pressure and cooling inputs from the IBEC plant, as required by the ERT to operate inside its design parameters. Despite this, the ERT achieved the same ethanol yield performance as the long-term plant average. In order to achieve the optimum yield uplift from the ERT the Company is discussing the feasibility and timing of installing additional mobile steam and cooling units. Nevertheless, it is unlikely that the results of the testing will be available by the end of the month as previously envisaged. An update will be provided following further material developments.

Great it is 80p now. Back to 50p soon.

steady EK reckons they are good for 20p!