Angelic Bond mechanics?

Angelic Bond

I started thinking about different Paragon Elites and their uses when I came to this.

So... say you have 4 Paragons, A, B, C, and D.

Situation 1:
B casts Angelic Bond on A.
C casts Angelic Bond on B.
D casts Angelic Bond on C.
A casts Angelic Bond on D.
A takes 100 damage.

Does B take 50, which is split to 25 because of C?
Does C take 25, which is rounded up to 13 because of D?
Does D take 12, which is split to 6 because of A?
Does A take an additional 6, which is split to 3?
Does B take 3, which is rounded up to 2?
Does C take 1, at which point the chain ends? Or would that 1 be rounded up so that D takes 1 damage and C takes 0, but A would take 1 and D takes 0, and so on and so forth?
Or does Angelic Bond not split damage from another Angelic bond, which would've ended the chain at D?

Situation 2:
B casts Angelic Bond on A.
C casts Angelic Bond on A.
D casts Angelic Bond on A.
A takes 100 damage.

Does B, C, and D each take 13 damage, and 1/8 of the damage, rounded up, while A takes 61 damage? Or would they take the 50 damage split between them each, which would be 17 damage, rounded up?

The best I can reason is:

Situation 1:
B would take 50 damage, C and D would take none. I don't think Angelic Bond will split damage of another Angelic Bond.

Situation 2:
You can't have more than one instance of a status on at a time. I believe whoever the last person to cast Angelic Bond on paragon A would replace all those before him. So in this situation D would take 50 damage and B and C would take none.

I can't say for sure, as I havn't gone out and tested it, but in my experience this is how it would work out.