Stargroup is the ASX's only vertically integrated, Australian ATM Deployment Company (ASX:STL) and has three business units, Star Payment Systems, StarATM and StarPOS.
StarATM is the exclusive distributor of the cashPod ATM machine and software in Australia; Star Payment Systems is an Australian ATM Deployment Company and StarPOS is an EFTPOS and payWave technologies provider.
Further, Stargroup also has a direct ownership interest (19.25% at 30 June 2015) in NeoICP Korea Inc, the manufacturer of ATM, back office and casino settlement solutions. NeoICP also has a 6.39% interest in STL.
STL Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held