How should Corum invest their $12,000,000, page-3

They have closer to $14m to spend now!

I have two suggestions.

Simple Retail - one of the smaller suppliers of software services to pharmacy. Obvious synergy.

http://www.simpleretail.com.au/

Bagot Press - located in SA and a supplier of wide range of pharmacy consumables. Simply add on their product range to the current pharmacy products database and integrate with a catalogue (with promotions) and utilise the same efficient ordering intranet that is available to other suppliers.

http://www.bagotpress.com.au/

Both companies are owned by individuals who are possibly at the tail end of their active involvement. I think they could acquire both and still have some cash left.