A traditional line for support buying is in fundamental terms a life line of maintaining a fiction.
BHP will fall to $20 and below because it like many other stocks is currently overvalued. The Boom we experience is a part of a cycle. And there is always a component called 'speculative' or 'goodwill' in all of these during the good times calculated on an assumption that there is no end in sight or the good times last infinately.
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 (20min delay)
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Last
$39.36 |
Change
1.060(2.77%) |
Mkt cap ! $199.7B | |||
| Open | High | Low | Value | Volume |
| $39.27 | $39.64 | $39.22 | $368.2M | 9.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | $39.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.38 | 188 | 2 |
View Market Depth
| Last trade - 16.16pm 11/07/2025 (20 minute delay) ? |
| BHP (ASX) Chart |