Something else...
Don't you think that if Newby was legit in their attempts to get QASP funded (which is a giant IF), he would have chosen the bank that had the best shot of following through the first time?
IMO this will be moving downward, and then upward again over the next couple of weeks as we get additional updates on funding, and as people forget about the 350mil that will be dubiously absent from discussions. We'll play the same game as we approach this month end as the prior, albeit with less enthusiasm this time.