Interesting announcement this morning from Carsales. The company...

Interesting announcement this morning from Carsales. The company has hired a third party to conduct a strategic review of their 50.1% Stratton Finance stake. The Stratton Finance business will move to an asset held for sale on the 2019 balance sheet. Release states "The decision to divest Stratton when market conditions permit will allow Carsales to focus on other core business growth opportunities in our Australian and International operations while repositioning our finance service strategy". With iCar profitability just around the corner it's only a matter of time before Carsales makes a move on this business.