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Rithm Property Trust Inc T.AJX


Primary Symbol: RPT

Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets.


NYSE:RPT - Post by User

Bullboard Posts
Comment by Specul8ron Sep 01, 2016 7:57pm
277 Views
Post# 25201452

RE:RE:RE:RE:Options.

RE:RE:RE:RE:Options.Let's take a look at your statements: (i) snorting more than a million in an evening of festivities. In other words, we haven't seen anything yet. They have deep pockets, and there may be a lot more to come. (ii) a reverse split and the supposed capital loss resulting in a tax credit. Sign me up. I've never seen capital losses treated as a tax credit, at least by the IRS or CRA's definition of a tax credit. (iii) the financials don't lie. This is the most sensible thing in your post. The last time I looked, the company was debt free and had 13-15 million USD in the bank. How this translates into deserving to be a 30c stock merits clarification. If I were a betting man, and I certainly am, I'd say the odds of us going to more than .50 or .60 USD per share are much higher than it going to .30 per share. Stay tuned, Lioslios and Credit Suisse will show you what they can do over the next week. I think you'll be impressed.
Bullboard Posts