Pursuit Dynamics falls after disappointing update

Pursuit Dynamics, a fluid technology firm, disappointed investors on Thursday after admitting that it has failed to convert recent opportunities in multiple lines of business into exclusive licences.

Pursuit Dynamics, a fluid technology firm, disappointed investors on Thursday after admitting that it has failed to convert recent opportunities in multiple lines of business into exclusive licences.

This means that current year revenues are expected to be around £1.0m, although strong sales growth is expected in the next financial year, driven by established products and those now coming into production.

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