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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 ZoranStoon Apr 05, 2019 10:31am
141 Views
Post# 29587234

RE:AJX to be sold? The table has been set.

RE:AJX to be sold? The table has been set.Very interesting......great post. I think you may be right they (management) could have finally woken up to the fact they can't grow this company and others can. They streamlined it by selling parts off and are now a very focused entity that can fit into another company. I sure hope this is the intention since I am tired of holding these shares and want them gone. I hold too many to sell on the market. 

Everyone on this board needs to voice their frustration to management (directly or through the IR contact) and vote accordingly on May 10th. It is time for us to be heard....

GLTA

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