What do others think of the following..
I have emailed ILF a few times with the following sentiment:
(no reply)
- Investors see a brand connection between ing and its satelittes, just as we do for MQG.
This connection is partly why these entities got their IPOs
- ing has access to huge amounts of money from its banking , super and other interests.
- i don't understand why your parent does not provide financing assuming your business model is valid ?
(this coming from the very down beat market update in june talking about survivial contingent on re-financing)
Why wouldn't a parent help a related entity in a commercial dealing and remove the uncertainty ?
Both ing and ilf would need to be on another planet if for argument sake, ilf was to fail, and they argued one had no connection to the other. The cost to the ING brand would be many times the risk on loans ?
What do others think ?
Add to My Watchlist
What is My Watchlist?