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Pursuit Dynamics – Close Short for now & Bank Gains

Tom Winnifrith
Tuesday 4 December 2012

I continue to regard AIM listed Pursuit Dynamics (LSE:PDX) as a total joke of a company and the fact that it has raised another £6 million at 3p to keep the show on the road does not alter the fact. This enterprise has consistently had its “world changing” technology out for trial after trial after trial and no-one seems that keen on handing over hard wonga to utilise it. That investors have stumped up £6 million reminds me of the description once applied to someone engaging on a second marriage: the triumph of hope over experience. With the share price now at 3p where does this leave Pursuit?

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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