It's all about perspective. Are you trading for pips? Are you a short term Trader/holder? Are a long term holder? Are you overly emotionally invested?
1. Trading for pips : Great opportunities if that is your skill base. Nothing wrong with this at all imo.
2. Short Term Trader : Price went from mid 1's to high 2's on expectation of positive announcement. Crazy to think this won't happen again. History has a habit of repeating.
3. Long Term Holder : Eye on the prize in 6 to 12 months. Nothing has changed apart from emotionally charged traders.
4. Overly emotionally invested : We all can be, no matter where you sit in the first 3 categories. The time to sell if you are a number 3 is if the deal doesn't get signed as then there is too much unknown. The time to buy/sell if you fall into categories 1 or 2 is totally a personal decision based on TA or just a punt etc. Those that have the funds to average down or buy the dips will. I would not be surprised to see this share price mid 2's within a day or so. I am in and holding until I believe the deal won't get done. My average is 2.4c now and I want a Disallowed in 12 months. However we are all different and that's what makes a market
Good luck everyone no matter what you decide!