Under The Radar, page-112

As simplistic as it may seem if you scroll up through this thread you will see the relentless high frequency bot trading that has been going on for months. The brokers are in full control of the sp, they pushed it down before the asx 300 rerate and then went after it again after the announcement.
So we now have a situation where retail is scared off and a lot of the volume is just churn. Every week or 2 you see some massive individual trades go through as the brokers pass over to their clients.
The fact that it has gone on so long indicates to me the funds want in as clearly it's a good investment.
That's my take on it as personally I can think of no other explanation.
I am long and will just wait it out and collect my dividends as I am confident whoever is buying is also long and at some point the sp will rocket on the back of many retail traders are already out.