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
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Last
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1696 | $38.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.46 | 24810 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |