Simply because the german market ist the only one outside of Australia where significant amounts of AYN Shares are traded. I'm pretty sure that the morgue is merely the custodian bank for those shares and as such appears as a substantial holder in the stats.
I also figure this because in the past german shareholders have been able to take part in capital raisings (not only with ayn / companies like mey and dye come to mind also) even though the conditions clearly stated that only australian shareholders were eligable to parttake in the capital raisings. The morgue also appears as top holder for these companies, although I'm sure they both aren't companies JP would invest in!
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