Stargroup in the media

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Please find below details of any recent media articles written about Stargroup Limited or its associated entities for your review:

Latest Publications

Stargroup has delivered an incredible 14th straight quarter of record revenue, with total revenues for the three months to June jumping 144 per cent compared to the same quarter last year at the ASX-listed ATM machine and financial payments company.

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Todd Zani further increases his shareholding in Stargroup. 

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Please find attached an analyst insight written by Mark Tobin from Independent Investment Research

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We are pleased to advise that PAC partners have released a Research Report featuring Stargroup and the full research report is available here.

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Stargroup (ASX:STL) will release circa 8.9 million shares in the company from voluntary escrow on 20 June 2017, which is ten business days from today.

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Stargroup’s quest for total market domination in Australia received a shot in the arm this week after the company announced yet another acquisition of a rival ATM machine operator taking their total number of ATM machines around Australia to over 500 units.

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Stargroup (ASX:STL) has significantly expanded its Australian Automatic Teller Machine (ATM) network through the acquisition of Fast Cash ATMs Australia Pty Ltd. Fast Cash owns a 134 ATM network and associated business assets.

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Stargroup (ASX:STL) offers a compelling investment with its current market capitalisation of $18.1 million being lower than its net assets of $25 million including deferred tax assets.

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A sure sign of a successful deal is when both parties hurry back to the table for more, which is precisely the case with leading ATM machine firm Stargroup and small tier bank, Goldfields Money.

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Stargroup (ASX:STL) and banking services provider Goldfields Money (ASX: GMY) have doubled their existing ATM cash convenience agreement to $30 million for the next three years. The strategic agreement provides Stargroup with cash to use for its national ATM network and allows Goldfields to put its excess cash reserves to work at low risk.

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