Long term the dilution is probably for the best. In the short term it will likely poorly reflect the stock price. I bought phot a week ago with the aim of getting out before the vote ( and I did, leaving only 1/8th of my holdings as free shares ).
I'll jump back in after the fact if it drops, if not no big deal, I can always pick it up at a new support point.
My goal is to make weekly short gain profits and build a big portfolio of free shares.