Residual sellers

As I read HC comments, it is the down-rampers, day traders and weak hands that SOLD out today.
And the turnover using basic capitalization maths (excluding options) appears over 10% of the market cap - closer to 13%.
Assuming today's great announcement will start to attract new BUYERS once offshore parties tune in and instos make their post-JORC decisions to invest.

What is the feeling on the level of imminent sellers (downrampers, day traders and weak hands) still sitting on the register?
Another 12% implies that a quarter of the pre-announcement register fell into this category.

Anyway, I'm proposing that another couple of days of heavy trading (20m+) should drain the barrel of sellers.
Just in time for the new BUYERS to push up demand.

Hopefully the exclusion of the options from the capitalization calc doesn't delay the uplift too much - maybe a handful of high volume days.