German stock exchangeAs to a request of DrDish:
This morning 10.25 am, this is 04.25 am Toronto time, the german exchanges show the ask between 0.392 € and 0.407 Euro, this is 0.52 $ to 0.54 $.
But without any volume so far - only computer generated quotes.
And i bet, if you want to buy in the ask at 0.392 Euro / 0.52 $, you won´t get a single share. Within the next second they show a higher ask without having filled your order.
INT is listed at Frankfurt, but also at Munich and Stuttgart.
I emailed to David Lucatch somewhen in November, because i was not able buying INT in Germany (although i prefer buying at Toronto), because INT had no so called WKN - WertpapierKennNummer, this is roughly translated by my brain-ortsbo share identification number, comparable to the ISIN.
For being able to buy a foreign paper at a german exchange it has not necessarily to be listed in Germany.
But, it has to have a WKN. Without a WKN, you cannot buy it.
Only a few days after my email, suddenly INT had a WKN.
Don´t know if this was a coincidence, nevertheless wrote a "thank you" to David Lucatch.
The listing has been later - have to say i don´t know when.
Until INT isn´t a multi-billion dollar company, there won´t be much volume in Germany.
If, sometimes in the future, INT, or Ortsbo, is a brand such like ebay or amazon, there will be volume at the german exchanges.
As far as money is concerned, most germans are very conservative. They prefer a life innsurance police with a guaranteed 2.0 % the year.
The few who invest in stocks prefer huge market caps and brands (Daimler Benz, German Telekom, McDonalds, General Electric, ...).
Penny stock investors maybe only some 10,000 people, out of nearly 80 million.
I am sure if you search for it you will find a website showing the percentage of a nations population that owns shares at all. You´ll find Germany with a very low percentage.
E.g. the US pension fonds (i don´know of the canadian) are invested in shares or houses/buildings and pay the monthly cheques to their clients by their share and rent earnings. In Germany the cheques are paid by the working people. They pay a percentage of their monthly income to the pension fond. Out of this payments the pension fond pays to its clients their next month cheque.
It is a completely different "share culture".
Enough off topic,
best, praesens