ERX - A thread for everyone

MIKE
For the final time the parent company is registered in the UK. The wholly owned subsiduary is registered in Ireland and therefore the wholly owned subsiduary is subject to Irish law. Subsiduarys are established to create distance between the parent and the fledgling. They have choosen to list this one in Ireland. It may as well be in Estonia or Latvia the level of accountability is the same. From 25/27 to 25/30 the spread continues to widen whilst the MM lock in a few more in to see them through the troubled waters of yet another refinancing. Will we see the parent put its hand in its pocket this time....yeah right.