Ann: Second Shipment of Zircon Concentrate, page-32

There's another possibility... large holder wants out of a fairly illiquid stock, but can't be bothered playing the drip-feed algo sell down game. Maybe not in a hurry and doesn't want the smash the price, but wants their money out.

A big 'capping' sell order could just be a for sale sign. Here I am for sale, and if nobody organises a buyer to take me out then the price isn't goign anywhere! obviously a large capping order will annoy holders wanting the stock to re-rate... an obvious solution is for BG to round up buyers and take them out.

It's price discovery, and an equally valid way to exit as drip feeding an averaging-out strategy (which doesn't work so well in bear markets if that's one's fear)