$RLLCF: Preferred Stock is better than Cash-offering
At least thats the perception that should be made on what Rolls-Royce is offering by the shareholder community
If this keeps up, there will continue to be liquidity and more interest in the futures as shareholders continue to trade these RLLCFs with each other and market makers support it.
Rolls Royce may want to do something about that for Preffered C's in the future in that case.