Updates

Avast

September 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.

The shares leapt towards £6 after Avast announced it had received a take-over offer from NortonLifeLock, (formerly Symantec), a US-listed cyber security company, which owns the Norton anti-virus software.Norton has not made a formal offer and will have until 11 August to put forward a proposal, which will probably need the approval of co-founders Eduard Kucera and Pavel Baudis, who own a 37.5% stake.Highlighted at 525p in February ‘20; I will await events. ...

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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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