Ann: Finalisation of Second Tranche Placement , page-13

yup...from corps act

"10/12 limit

(4) The 10/12 limit for a company proposing to make a buy‑back is 10% of the smallest number, at any time during the last 12 months, of votes attaching to voting shares of the company."

Nothing to do with price, so this could easily go over 25 cents!! Might have a serious look at this tomorrow, though comsec probably wont let me buy as the ask is to far from the bruddy bid...