I would say more institutional trading than most days. All of the blocks were done close enough to the market price, so I interpret this to mean that there is plenty of buy _and_ sell interest in size around these levels. Unless there is a change in substantial (which is possible if the blocks were all bought or all sold by Ausbil or Blackrock), we won't be able to tell anything meaningful, but 5M units is quite chunky when most transactions in GXY are market makers, small hedgies or retail.
GXY Price at posting:
$1.57 Sentiment: None Disclosure: Not Held