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

Weighted average shares

[slimjim11]

Bluecollar, thank you for agreeing that using the shares outstanding at the end of a period in which a significant share issue has been done, is a negatively distorting methodology. The company had no time to earn revenues on the shares issued at the end of fiscal 2015. To be fair, we need to look at revenues achieved through 2015 since the last significant share issue: in 2013, revenues were $423,688 on 81,358 shares or $5.21 per share, and these revenues grew to $554,751 at the end of 2015 or $6.82 per share on these 81,358 shares, a compound growth rate of 14.4%. Proven, reliable growth.