rio deep discount to bhp, page-16

The whole reason rio is considering doing the equity raising is they are trying to reduce there debt by 10 billion by the end of the year and there asset sale is not going to plan. So what percentage of the 10 billion will be made up of equity funds and at what discount? 20 - 30 percent would be most likely under these conditions. I would not touch this with a barge poll personally, if anyone thinks this will double by the start of next year is kidding themselves, there is more chance it will halve by then. Can someone name a company in the past 6 months who has done an equity raising and not seen there share price hammered??? A shorters dream come true if this equity raising proves correct.