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PDX Pursuit Dynamic

1.975
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pursuit Dynamic LSE:PDX London Ordinary Share GB0030310964 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.975 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pursuit Dynamic Share Discussion Threads

Showing 74426 to 74446 of 74525 messages
Chat Pages: 2981  2980  2979  2978  2977  2976  2975  2974  2973  2972  2971  2970  Older
DateSubjectAuthorDiscuss
19/6/2013
08:36
hippo

If you look back, I was also with you on that front!

The company was given away then!

hyper al
19/6/2013
07:59
fludde

What did Tyco do for PDX?

FireMist Launch 4 June 2008



Did Ansul push FireMist ? If so why is PDX in it's current financial position. Would love to see the Ansul sales figures for FireMist over the past 5 years.

Big international players can play cat and mouse with small hightechs.

Chase the mouse then go in for the kill.

Just watch how FireMist takes off now, probably will be in every commercial building withiin a decade and on all aircraft!

hyper al
19/6/2013
06:46
selling IP "with a view to eliminating the Company's remaining liabilities"

doesn't exactly sound like it has anything to do with shareholder value, more like there will be no staff, no IP, no liabiities and no share price

fludde
19/6/2013
06:37
Another International company removing the UK of it's developed assets!
hyper al
19/6/2013
06:34
Here we go

Millions of £ in development sold for $100k !!!

:-(

hyper al
07/6/2013
18:11
flatlined today must be a first!
wrey
03/6/2013
12:53
It appears to be you who has the eye-sight problem!

Please show me where the management said that!

(The management simply said that PDX intends to clear most of its debts this year, if not all of them. The Net Assets per share is STILL a positive number!)

dncleaver
03/6/2013
12:39
I'd disagree DN.
I'd say that when 4 different sets of management, in 8+ years, have failed to get anything in any way substantial sold ( giveaways or a £200k order isn't substantial ) it's the IP / technology's fault.
Management has now spelt it out - the sale of the IP MAY NOT COVER LIABILITIES, even for a company with £5m in the bank at the end of last year.

The writing is on the wall.
Some will be so blind that they can't see the writing.
Some will see it, but choose to ignore it.

But PDX has been weighed in the balance and has been found wanting !

outsizeclothes.com
01/6/2013
02:56
corozal: It is not quite correct to say that the IP is "not economically viable", as Shepherde Neame have already illustrated (for want of a better example). The problem has been that PDX has serially failed to commercialise opportunities, which were often seemingly presented to them on a plate. Whether the problem was down to the greed of the management, or simply their stubbornness or even stupidity, it clearly had nothing to do with the usefulness of the technology.

With the correct deals on offer, this technology WILL sell!

The question now is: WHO will be doing the selling? .... and how much will they pay PDX for the privilege?!!

[Edit: Referring to flotogo's post as a pertinent example: With the benefit of hindsight, the contract with Tyco should have maybe included a clause for a minimum sales requirement. The fact that this never happened was either because of PDX management's extreme naivety, or because Tyco would not allow the clause since they knew exactly what they were doing ..... in which case, PDX should have simply walked away. It appears that PDX were so eager to get the deal, they signed it off under whatever terms were presented to them. Ultimately, bad management or bad legal advice, but someone made a very poor decision!!]

dncleaver
31/5/2013
17:00
Tyco obviously thought there was some value in it as they sidelined the system to protect revenue with their own products.
flotogo
31/5/2013
09:23
I've never seen a tax loss sold. I have owned plenty of biodogs that have gone to the wall with huge tax losses - and they were never picked up by a major pharma or other company.
dr biotech
31/5/2013
07:32
The biggest asset if they could use it is the tax losses £50m+ at corporate tax rate £10m plus
suffolk52
30/5/2013
16:27
The fact is they have not sold the IP! .... not all of it, in any case. The only deal done so far has been for the Food and Drink department, which I personally see as quite a small piece of the pie (even though it was the only part generating any significant revenues).

The big question, as far as I am concerned, is what value might someone put on buying the rights for Ethanol Production / Fire Fighting / Water Treatment / Nuclear Decontamination / Manufacture of Cosmetics, plus any other application which is not included in the above?

If there is any truth in any of the promises previously made, the numbers COULD be quite large.

Incidentally, I am a firm believer that the technology works. It has just been marketed badly .... extremely badly!

dncleaver
30/5/2013
15:16
The question has to be why stay in? With no staff, the IP sold and net assets of less than the share price not sure what extra value remains. It is not exactly a shell that someone would reverse takeover as the net assets belong to the existing shareholders.

I will wait and see as it could be an education.....

fludde
30/5/2013
13:35
Yes, you are correct .... and correct again!

Of course, this makes outsizeclothes.com's statement even more misleading!

(Net Current Assets equate to about 1.4p per share.)

dncleaver
30/5/2013
12:20
dncleaver 30 May'13 - 12:21 - 56520 of 56520 0 0

"The Half-Yearly Report gives the Net Current Assets as £1.6 million.."

Not sure you can read a balance sheet either. That looks like figure as of September 2012. The figure for the end of March 2013 is £3.779m or are you looking at something else?

fludde
30/5/2013
11:21
outsizeclothes.com: Do you know how to read a Balance Sheet? No, I didn't think so.

The Half-Yearly Report gives the Net Current Assets as £1.6 million, so you are certainly misleading folk by saying that there will be "nothing left for shareholders".

Admittedly, that figure is only about 0.6p per share, so you are correct that holders may get less than 2p in the event of an eventual payout. However, I am guessing that most remaining holders consider that there is still at least "some" value to PDX's Intellectual Property. That is presumably why the price is where it is .... and not at 0.6p.

dncleaver
29/5/2013
19:45
outsize - not like you to come and gloat. Are you still holding a short?
swiss paul
29/5/2013
12:34
"The Board continues to work to realise value by selling the rest of the Group's intellectual property portfolio.
Alongside the sale of IP, we have now eliminated most of the liabilities associated with PDX and expect most, if not all, liabilities to be eliminated by the end of June."

Read and weep - "most, if not all" - There will be nothing left for shareholders - they will have managed to burn through everything, inc. all of Decembers £5m.
Probably giving the last of it to themselves in golden parachutes.

outsizeclothes.com
21/5/2013
11:02
The left-hand chart on the previous page doesn't look too bad now that it shows the price having only fallen from about 15p! :-(
dncleaver
17/5/2013
16:32
^lol.

I like the way the last rns referred to future proceeds will be used to meet liabilities. I think you still have shareholders hanging on, hoping they will get something.

In my books anyone who goes by several diffent names in life, is a conman, what do you think Dense ?

hippo
Chat Pages: 2981  2980  2979  2978  2977  2976  2975  2974  2973  2972  2971  2970  Older

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