Also even if sellers offloaded around 1.5 mill shares it is only...

Also even if sellers offloaded around 1.5 mill shares it is only bit over $200k worth right. So that could well be spread over 10 diferent punters. Maybe all those sellers are just relatively small punters that have the belief (probably false)that they can pick a spec miner and double their money in a few weeks, rather than the sensible risk reward strategy and patiently get this 50% return over a longer time frame with much lower risk.