2021 - General Discussion, page-387

Hi @Accumul8,

FYI has a secondary listing in Germany. There are numerous exchanges (börses) which we are traded on (e.g. Tradegate, Frankfurt, Stuttgart etc). German brokers (aka Market Makers "MM") will buy on the ASX and then supply German investors via the German börses – they make their money by capitalising on arbitrage opportunities.

Shares held by German shareholders show up in the Top 20 under JP Morgan Nominees:



When volume in Germany surges and they trade at a premium to the ASX that will result in the Market Makers buying on the ASX to supply that demand. The buying (via JP Morgan Nominees) can become very predictable when there is high volume in Germany. If Germany trades at a premium to the ASX the shares held by JP Morgan Nominees are more or less 'off-market' – this is great for tightening the register.

German investors have a lot of money to invest in clean energy stocks. They are very sophisticated investors and ESG is a criteria for them. FYI, I believe, will be a very appealing investment to German investors. Once we start to get noticed there I expect we will see a significant inflow of buying. The GoldInvest article will reach a decent audience – hopefully it will stimulate some trading activity there.