re: accumulation

The oppies have been very good to me arch. I see a great year ahead with SFP and INL in my portfolio in the shiploads.
I spoke to the MD of Safety Med and he told me the annual consumption of 1mm syringes in Australia is 50 million alone. These guys still have the 2 3 5 and 10 ml syringes to develop. TGA is the only hurdle to huge gains here. I also went back and checked the initial directors interests and they hold about 2 thirds of the company or about 19 million shares out of 29 million. PROFIT per syringe is in my estimation around 4cents. Around $1.20 on a PE of 18 for 50million units of the one size syringe.