Hey, not sure, its one of those technicals I've always noted. A Gap is the price difference between a close price and the next open price. If there is a jump ( gap ), say BHP closed at $30.15, then opens the next day at $30.45, at some point share trading must cover that gap, and trading again at $30.15/16. Cant really tell you why, other than at some point in the future the gap is filled. Have a look at any chart with a candlestick, you will see the gaps. It may take some time, even a few years, but it will happen. Just seems to be one of those technicals that happen. If anyone can enlighten us on the technicals, please post.
The only exception I have noted is a bid for company and its taken over.
GAPs, page-3
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$43.65 |
Change
-0.250(0.57%) |
Mkt cap ! $221.4B | |||
| Open | High | Low | Value | Volume |
| $43.75 | $43.82 | $43.53 | $72.59M | 1.668M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1183 | $43.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.65 | 1704 | 9 |
View Market Depth
| Last trade - 11.29am 11/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |