Either Pro's selling or Pro's Buying, but I asked what their thoughts were on the sp being held back at every opportunity of an increase, they said none of the major holders were selling and considered it to be retail trading for pips or trading groups accumulating.
I would say it is the later getting ready to unleash on the right news.
Top 20 is solid which is all that matters at the moment, profit takers from IPO were minimal making Day Traders the volume source.
seeing a stronger Top twenty since floating was enough for me.
Ann: Western Extension to High Grade Mineralisation at Rupice, page-47
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