A group going by the name of Surfboard has become the latest online financial services group to list on the Australia stock exchange.
A group going by the name of Surfboard has become the latest online financial services group to list on the Australia stock exchange.
Surfboard has hit the ASX boards thanks to a merger with resources company Grange Resources announced yesterday.
Surfboard is a Web site offering financial advisers and investors financial news, information and ecommerce initiatives in a similar format to a number of other startup groups including B4Bco and Channel-e
Grange says the merger is the principal step in its planned transition to a financial services deliv-ery company with expertise in technology and digital media.
Surfboard managing director Don Hagans says the merger delivers Surfboard the financial depth and resources necessary to fully implement its business plans in Australia and New Zealand.
“There is also a solid public company foundation on which to base Surfboard’s further market expansion,” he says.
He says Surfboard has developed a comprehensive financial products and services platform which integrates a number of technologies and media activities and uses a “personal financial centre” for distribution and use by its business clients.
