"During the six months ended 30 June 2021, the Company...

"During the six months ended 30 June 2021, the Company classified its operations in Italy and Peru as Held for Sale and operations in Mexico as discontinued operations. Those operations have met the conditions of AASB 5, management is committed to a plan to sell, the asset is available for immediate sale, an active program to locate a buyer is initiated, the sale is highly probable within 12 months, the asset is being actively marketed for sale, and actions required to complete the plan indicate that it is unlikely that plan will be significantly changed or withdrawn."

This is a new announcement, not previously advised (tautology? ahem). Sounds like they are talking to prospects now. Let's hope they can finalise a deal that doesn't lose money.

Would appreciate hearing from other Fluence veterans (FVs), but off the top of the head Italy ran a pretty good operation, dunno about Peru.

I see it as a de-risking move and will hopefully reduce SGA more and help to focus minds on SPS particularly in stable countries such as North America and Oz. I know they are hard to crack but we gotta keep pounding on the door imo.