New standard Listing: Spiritus Mundi diagnoses targets

New cash shell Spiritus Mundi wants to buy a clinical diagnostics business. No formal discussions have begun.

Diagnostics is an area that has gained plenty of publicity in the past three years. There has been a boost to demand from Covid-19 although the peak was passed a long time ago.

The share price ended the week at 6p (5p/7p). There were no trades recorded. The pro forma net assets are just over 2p a share. More cash could be raised if warrants and options are exercised.

The lack o...

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