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0.00% $1.63 axel ree limited

I am after a bit of help understanding the Balance Sheet at...

  1. Somme
    1,407 Posts.
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    11/04/19
    09:57
    Post #: 38092341
    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.
    AXL Price at posting: $1.63 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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