The short sellers are holding up the market at present prices - squaring their book and taking profits against share short sold for $32 - $28 - nice profit.
When these buyers ' drop out of the market' BHP will fall like a stone.
The big funds are overweight in BHP and are unable to support a price slide.
The short sellers are holding up the market at present prices -...
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Last
$40.01 |
Change
0.800(2.04%) |
Mkt cap ! $202.9B | |||
| Open | High | Low | Value | Volume |
| $40.07 | $40.25 | $39.67 | $474.9M | 11.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15864 | $40.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.03 | 1196 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |