For BTSX it will be tough short term. At the beginning of the month with highs of 0.000093 was when they thought they had a stable client & marketing incoming, with key developer focus for another 6-12 months and limited BitAsset competition.
I imagine from an exclusively BTSX shareholders point of view, BTSX is paying a 20% tax, introducing dilution & a short term unstable client in exchange for what they thought they already had at the beginning of the month.
I think the changes are necessary though and I'm looking forward to seeing BitSharesX become BitShares and I think we'll see the price rise steadily from there presuming no complications.
BTS will probably need to see some tangible benefits & developments before they appreciate the value of the merger and start hitting those highs again.