At some point smart money, fundies, Super Funds etc. will exit when the sp reached their target. As for APT I would exit when they needed $300m. Real cash burn in monster scale. LHC exited because of "declining return on equity" i would too looking at what return APT has been making ZILCH. Increased losses each year and need $300m. Whoever funded these $300m are big and deep pockets expecting sp to grow because of themselves being in APT. This is money makes money.
Fundies always has a target when they will exit before they buy in. LHC was smart to exit even though the sp continue to climb. LHC will exit ISX one day dont think its this soon, ISX only just started making money.
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