Great Ajax Corp T.AJX

Primary Symbol: AJX

Real Estate

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

Great Ajax Corp > Q3 CC

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Comment by TechOneon Nov 13, 2018 2:17pm

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Post# 28966857

RE:RE:RE:RE:Q3 CC

Thanks.. Appreciate this..

Was there any question or comment re. moving the listing to US exchange ??

American company reporting in USD and languishing on TSX at CAD 0.85 is really a big fail for the company.. No one follows them or cares so why not move to Nasdaq.. Even if they have to do a reverse, numbers per share will look good and although I don't like reverse splits, in this case makes sense..

This is probably my longest holding.. Should have bailed ages ago.. :( FWIW

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