Archive for May 2020

Commercial in confidence I’m told we’re a step closer towards getting contracts signed. I’ll have more information early next week and hopefully some tangible dates to give you. The conversations with you this week still continue to have an impact (on all of us). I closed the week spending time with Lissy Woods, Vestra Wealth, Cassandra Sorby-Adams,…

Commercial in confidence There are no further updates to report regarding the sale since my email yesterday. Thank you to everyone who joined us today for the weekly update. We enjoy the conversations and we think you do too. Please continue to send through any questions you have. CLICK HERE to register once for the Madison Update recurring webinar each…

Commercial in confidence I can imagine hearing the same thing every day about the sale is probably getting a little staid.  If it helps, there are regular discussions happening about the sale process and each day there is incremental positive change.  For context, a sale by Receivers comes with specific legal obligations and limitations. The sale…

Commercial in confidence There is no new update to report regarding the sale.  I expect I’ll know more in the coming days, and will be in a position to provide better information in due course.  In the meantime, I’d like to share a part of a conversation I had today with Diarmid Mackiehan, Mackiehan’s Life Advisor.  He commented…

Commercial in confidence Another week closes and it appears for some States, there will be an easing  into reconnecting with the human race.  It’s good to see people out and about (at an appropriate social distance!).  I know our kids are happy to be back at school with their friends (a very weird thing to…

Commercial in confidence Thank you everyone who has selected a time to catch up with me.  I’m looking forward to hearing your thoughts and views.  I have no further information to provide regarding the sale, other than the contract negotiations continue.  This is not unusual.  There are many nuances to work through when Licensees are…

Commercial in confidence Thank you to those who joined the teleconference. Whilst there are no updates to provide, I mentioned our key focus is minimal disruption when we transition to a new owner. Work is underway to create the migration plan of all required records, systems and resources. When we get closer to an outcome, we will share…

Commercial in confidence Other than the press you’ve probably seen and/or heard about, there are no material changes since our previous communication.  Later in the week, I hope to be in a position to provide detail about the contract negotiations and potential timelines. Thank you to those who have called and/or sent messages of support…

Commercial in confidence In this morning’s AFR, there was an article regarding the Madison sale and one of the bidders. Last week I mentioned there may be a leak in the media regarding preferred bidders.  As all parties are ASX listed, I was asked to hold any communication identifying the parties by name until they disclosed.  Clime…