Bearing in mind the piddly volumes traded recently it is quite clear that the big money (where applicable) is relatively silent at the moment. It appears there are still many large holders that are happy with proceedings.
Here's some rough figures for the price action since the announcement spike.
UP/LEVEL DAYS: total of 7 days for volume of 105 million shares
DOWN DAYS: total of 12 days for volume of 43 million shares.
Hard to read too much as day trader churn can be a big factor on up days,but if you're trying to work out what the big money is doing figures like this may shed some light. That's not to say that the big money is always right either.............make of it what you will! I'm just bored waiting!
