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Great Ajax Corp T.AJX


Primary Symbol: AJX

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.


NYSE:AJX - Post by User

Comment by lamtonon Nov 02, 2021 5:58pm
93 Views
Post# 34079574

RE:RE:RE:RE:Very Interesting

RE:RE:RE:RE:Very InterestingBesides, why wouldn't they wait till the voting is completed. Only one season would be that they wouldn't want to go through the whole process of having another vote if this deal is turned down. $.75 is on the table for a reason, why offer more not knowing the likelyhood of an acceptance. I just can't see the difference of another .05 cents will solidfy the deal, if not, what is the magic number? So why not wait till the voting is done. I would think that if Kubota needs us so badly, there's more likely a much substantial offer the second time around than putting another .05 or even 10 cents on the table after the Q3 comes out. There's no way of knowing at what price this deal can get settled for sure. 
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