High liquidity is rarely a bad thing, the liquidity here is consistent, but unlikely to be catching the attention of day traders in volume, if they are not playing now they are unlikely to join anytime soon.
ADT is for genuine investors (longs) and majors - based on 'pre-fundamentals' at least.
News from ADT must be close now, it may be that some leakage is happening, but for Sandfire, more, anticipated, strong results will be no surprise.
After insider buying, one assumes at least a week to wait before they drop the announcement/s - so will that be followed buy the 'sell on news' scenario? IMO 'no', the likelihood will be a continued growth trend - but of course, subject to a continuation of high grade hits.
Then the potential for a move by one or other major players will be more likely.
Just a brain dump, from me, DYOR.
GLTA
Cabe
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