How do you know that insitutions have been selling it? Which ones? I suspect large hedged positions have been reduced in the previous two months to take advantage of a December rally in other sectors. That's fine if they want to sell their shares to me at these levels.
It has unquestionable support at 23.50 - so at these prices the downside is less than bugger all. Any BHP price weakness is temporary in a multi-year upward trend. This will be capitalized at over 100b very soon indeed.
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Last
$40.69 |
Change
0.160(0.39%) |
Mkt cap ! $205.8B |
Open | High | Low | Value | Volume |
$40.70 | $40.76 | $40.45 | $98.10M | 2.412M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 2268 | $40.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.69 | 7323 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 8224 | 40.650 |
13 | 3059 | 40.640 |
14 | 3322 | 40.630 |
12 | 3046 | 40.620 |
12 | 3623 | 40.610 |
Price($) | Vol. | No. |
---|---|---|
40.660 | 955 | 5 |
40.670 | 8091 | 12 |
40.680 | 5040 | 12 |
40.690 | 6917 | 11 |
40.700 | 4235 | 11 |
Last trade - 13.04pm 30/08/2024 (20 minute delay) ? |
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