sometimes things take a few days to get through investment committees etc. maybe they saw the investor presentation liked it but needed sign off.
Perennial Value are a big shop with lots of $ under management. if they try and get Ranao into several of their funds or get a decent percentage it will have a big impact on price.
I would love to know what their price target is ... what if they were happy to buy up to 40 / 50c. now that would be nice.
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