I think the BBY report is suggesting a raising at 40c, according...

I think the BBY report is suggesting a raising at 40c, according to my potentially flawed calculations.

I see 557.9M shares mentioned which is roughly double the number out there now. (i.e. approx 1:1 pro rata)

The raising mentioned is $110M. If I use the 60/40 debt/equity ratio which has popped up a few times, this means that $110M (if lucky) would raise an extra $165M in debt.

That comes to a total of $275M debt+equity, roughly the $279M figure appearing in BBY's "option-1" funding scenario.

Look forward to anyone's thoughts on this. I'm sure it's as imperfect as hell, but it might stimulate some debate.