I am after a bit of help understanding the Balance Sheet at AXL.
The major Asset that AXL own is the "book" of Lease and Loan Receivables ( I think ).
There is no mention in the Balance sheet about the ownership of the equipment that the money is lent on.
My question is: Who owns the equipment and therefore is able to claim the Depreciation on that equipment.
Thanks in Advance.
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Last
8.5¢ |
Change
-0.007(7.61%) |
Mkt cap ! $8.569M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 8.5¢ | $157.2K | 1.635M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 156287 | 8.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 75000 | 2 |
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| Last trade - 15.57pm 30/07/2025 (20 minute delay) ? |
| AXL (ASX) Chart |