highlights, not identified/or clarified to market previously:
Goldfields transaction:
•Stargroup to partner with Goldfields Money to roll out “Star-labelled” financial products to GMY customers
•Star Payments will save >$600k in cash costs in FY17 on current cash requirements and >$1.5mil in future projected cash costs
due to the below I assume, as we now have access to $15m cash for atm use. Previously mentioned cost savings, but, not the amount.... this is straight to the bottom line...
$0.80 to $1.70 fee payable to the business owner where the ATM is located. The fee is dependent upon whether or not the business owner/merchant provides the cash float in the ATM.
this should get some insto or soph investors interested!!!
STL Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held