SUM 0.00% 19.0¢ summit minerals limited

A lot of it is carry trade related and most people would not...

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  1. 8,401 Posts.
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    A lot of it is carry trade related and most people would not have borrowed JPY,
    To buy SUM shares so will not need to sell to Cover....

    But for sure some other markets may be effected as in a lot of it would be in US Stocks,
    So that will likely be a factor there.

    Possibly some of our larger more stable caps,
    Would see some people needing to sell to cover,
    But really most carry Trade JPY related action would not be in the ASX Spec end of town....IMO
 
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