I bought STL Friday on the back of solid quarterlys,continued growth and a possible NPAT next quarter...
Today they have released that in conjunction with DCC they will develope the software go convert Bitcoin to Aus dollars..
STL have Depleoyed 500 ATMs in Aust and manage nearly 2500...with BTC withdrawal transaction costs being approx 8% this could really be a cash cow.
There are currently only 20 or so BTC machines in Australia and they are not two way...
STL looks to have another revenue stream and its a credit to managment..
STL is also the only ASX listed company with affiliation to ATM manufacturers,We currently own 11% of a Korean company that is now Turnimg s maiden profit last quarter..
Great work and def worth a look.
STL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held