Interesting that the banks with the worst track records as far as unethical behaviour (Goldman, JPMorgan, Citi, Morgan Stanley) are net sellers. Also Credit Suisse, which is an absolute clusterf**k of an institution:
I once happened to look at an announcement where Credit Suisse became a substantial holder a junior explorer (had a friend who was holding), which detailed all the trades they made. There were hundreds – page after page – obviously executed by a HFT bot. Anyway, a week or two later, after pumping the stock hundreds of percent, they sold into the demand the rally had created (i.e. it was a blatant pump and dump).
Anyway, I doubt these sorts of institutions operate in a linear manner, so perhaps they pushing/holding the SP down for now but are actually looking to go long. Probably wishful thinking though, especially given ASM failed to raise capital when the SP was higher, and still hasn't managed to secure any meaningful offtake agreements, or significant funding for Dubbo.
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