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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 CSIFailon Apr 03, 2019 3:35pm
93 Views
Post# 29578107

RE:RE:Congrats! New 52-week low

RE:RE:Congrats! New 52-week lowZero interest in this stock. Management does not know how to manage a public company. They don't seem to be accountable to shareholders. They should probably reward themselves with cheap options since the share price is low (the irony is thick).

The BOD should set a minimum share price appreciation threshold before issuing any management shares or options. It can be tiered based on the YoY share price gain. At < 0%, they get 0%.

The corporate presentation is boring. Zero excitement. Zero rationale to buy the stock.

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