Hi gmc, how did you arrive at 1 to 2 billion units per year of...

Hi gmc, how did you arrive at 1 to 2 billion units per year of syringes being sold?

I would say probably around 550 million units might be a fair and conservative estimate for its initial valuation, because that is the production capacity that UNI has stated in its plant.

If a profit of around 10 cents per unit, that would still give a market cap of around above 1 billion dollars (if we use a PE of 20 and 100 million shares on issue)

If TGA approval is gained, that should equte to more than 3 times the current share price (ie, 2.69)

Good luck all.