Welcome Stranger Mining (WSE)

Shares / Stock Code

WSE

Stock Exchange / Sharemarket

ax

Welcome Stranger Mining (WSE) is a gold mining company. WSE was listed on 19 February, 1987. The "Welcome Stranger" was the name given to the largest alluvial gold nugget found in the world, with a calculated refined weight of 2,283 oz 6dwts 9 gr. It measured 61 cm (24 inches) by 31 cm (12.2 inches), and was discovered by John Deason and Richard Oates, both Cornish, at Moliagul, Victoria, Australia on 5 February 1869 about 9 miles north-west of Dunolly. CommSecure (CMS) provides e-business solutions and support. E-business services include electronic bills payment and presentment, online credit card payment and authorisation and online financial-trading systems, as well as networking and systems integration and web design and development.

Commsecure was established in 1998 in response to the growing acceptance of e-commerce within the global business environment. In 2000, the company acquired technical web company Internet Spider. In 2002, CMS and Westpac formed an alliance to provide e-Billing services to local councils. It's head office is located in Pymble, NSW.

CommSecure has a strong presence in the local government with over 30 councils using the company for bill presentment and/ or payment, through its partnership with the New South Wales Local Government & shires Association.

Major competitors to CommSecure include other providers of e-Business solutions in Australia. CMS's main customers include many blue chip clients and federal government departments such as Westpac Banking Corporation; Macquarie Bank; HSBC Group (Australia and Asia/Pacific); Pacific Internet; Child Support Agency (Department of Family and Community Services); Chubb Security; and Primus Telecommunications.