Here is the accumulation/distribution chart for retail brokers. As you can see, the announcement on March 11 "Mt Magnet Mine Plan update and extension" triggered significant buying by retail investors. That means professional investors as a group sold to retail investors.
Here is the accumulation/distribution chart for a subgroup of professional investors - investment banks (Citigroup, Goldman Sachs, Macquarie, Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS).Interesting here, looks like they accumulated during March 18-24 and when the price went up, they used the opportunity to get rid of shares, probably again triggered by the announcement on March 11.
However, as the broker data for the past week shows us, some other professional brokers such as Argonaut Securities and Euroz Hartleys are accumulating.Here is accumulation for Argonaut Securities:
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