I'm not sure if I can answer whether or not its a good buying...

I'm not sure if I can answer whether or not its a good buying opportunity. However, I'm thinking that there in a better position cash burn wise (looking at developments over the last 6 months instead of two years) having reduced this significantly over the past 2 quarters, plus they have rental income from the R & D facility and have significantly increased their R & D expenditure (of which they will receive a tax credit for).

I'm hoping they can now get cracking with the product pipeline. There is a growing market for these types of products (and the pet market is largely untapped in Australia).

Not sure about the vertical integration, I thought with the ease of access (lots of competition) and low prices for growing, AC8 would be better concentrating elsewhere.