Sandfire, page-24

I remember Australian Super did a lot of their accumulation on market. This was when it hovered between 55c and 70c
they bought some chunks which pushed the price up, they let the price ease then bought more. Rinse and repeat.

At these levels you could still accumulate a big holding without pushing the price up too much. We can see 400k to 500k traded on a down day.

If you set your buy price at say 32c, and just took up everything that falls below that for the next two weeks, I think you would have a pretty sizable holding.
Of course if you want it all in a single day then that's different.

But you would be surprised how many sellers will meet your offer on market. The only reason we don't trend down is people accumulating at the moment.