Yesterday the company was a shell with 36 million shares. Today it is looking to buy then invest on a pharma looking at Covid and cancer. If they place at 8p to raise £3mil. It will increase the shares to 75 mil.
So to break even the MCap needs to be £10.5mil for you. Now go and look at the market caps of other similar shares. N4P and HEMO for example. Or, if you want to be excited AVCT
As much as I would love you to buy in. If you have this little knowledge,walk away from shares. Not just this one. Do some real learning. Then come back