STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

RE:RE:RE:RE:RE:RE:Dennis on BNN

[b4545]

hey watcher, did we listen to the same cc?
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You  posted "They spend the entire 94% that is leftover to run the existing business.  To grow the business, they must borrow and then eventually do a share issuance to repay the long term debt, if all goes well."
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Did you not hear Dennis talk about the debt repayment, and the shares they bought back earlier this yr? And they already did an issuance which they used to cancel debt and still have some of that cash.
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Take some time and listen to the replay.