The article cosrob posted sums it up perfectly. Text book stuff you could say.
Add to it that accumulation is likely from more than one large insto (possibly several), and that most shares are held by retail holders, some of which are in the red (a lot of weak hands) I think has been the recipe for this prolonged accumulation.
Rather than be upset by the sp performance, I believe in the greater good to come of it, confident this is going to give us unshakable strength moving forward once accum is complete.
Anyone feeling nervous with their position should look away, and come back in a month or two. They will be plesently surprised!
all in my opinion, dyor, bla bla bla
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