What do you think the markets reaction will be to the...

What do you think the markets reaction will be to the announcement of the capital raising results on Thursday? I'm expecting the results to be pretty poor given the market price was below the offer price the entire time, but will the market like the lack of dilution or hate the lack of funds raised?

I'm not worried, just trying to work out if there is a buying opportunity coming up. I'm sure they will raise the money through the insto's without too much trouble but I'm guessing there will be some fools who don't know that...