Yikes

Well Rbs had a IFO yesterday, and it looks to have been a success I guess. They burned 140000 rbs, which is a lot, but in the process the price of RBS got killed. I don't mean a little it got hit 60%, this is probably because the people who where providing liquidity pulled it all at once and sold their rbs.

I can buy that a little, but it also looks like equity left for another project, just like LEO when cub launched.