das nenn ich ein entrée
2006-04-17 16:05 ET - News Release
HOUSTON, Texas -- (Business Wire) -- April 17, 2006
Greater Sooner Holding, Inc. (OTC:GSNH) today announced
that the Company is now listed on the Frankfurt Stock Exchange (FSE)
under the stock symbol GS8.
"Our listing on the Frankfurt Stock Exchange was undertaken to
address the needs of international investors who are interested in
directly participating in the re-development of a Texas oilfield. This
is a most exciting way for a U.S. independent oil company to build
market recognition internationally," said GSNH CEO, Russell F. Krauss.
Significantly, the small public float in GSNH in the U.S, and with
no shares available for trading before on the Frankfurt Exchange, the
value of additional investing by European investors should increase
shareholder value.
The Frankfurt Stock Exchange (German: FWB(R) Frankfurter
Wertpapierborse) is a stock exchange located in Frankfurt, Germany.
The Frankfurt Stock Exchange is one of the largest and most efficient
exchange places in the world. It is owned and operated by Deutsche
Borse, which also owns the European futures exchange, Eurex, and the
clearing company, Clearstream. The Frankfurt Stock Exchange executes
over 90 percent of the stock transactions in the German market and
represents a substantial share of the European market. Here the
Frankfurt Stock Exchange floor trading looses, but in fast developing
and expanding electronic trading (Xetra trading system) the FSE gains
in European and international trade: partner-exchanges adopted the
Xetra (trading system) (as the Vienna Stock Exchange in 1999, the
Irish Stock Exchange in 2000 and the Budapest Stock Exchange in 2003);
consolidation continues. Mainly through Xetra, the German stock market
was opened to foreign investors and market participants. About 47% of
the 300 market participants in Frankfurt come from abroad.