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Codemasters - Soars on rival 604p bid from EA

January 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • CDM
  • Price:
  • 654p
Game developer Codemasters soared after it agreed a 604p a share/£945m offer from Entertainment Arts, trumping the bid from Take Two last month. The shares have risen above the EA offer suggesting a bidding war. Tipped at 331p in July ‘20; await developments. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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