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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

Comment by ZoranStoon Aug 21, 2019 11:04am
216 Views
Post# 30050458

RE:Who sold the large block of shares? We now know.

RE:Who sold the large block of shares? We now know.Great info thanks for sharing. Go forward how does this help us shareholders? Are the new owners thirsty for change? With the poison pill gone you would think that was intentional so that they could prep the company for sale....but first they will want to prove it is profitable and i have no idea when they will happen (2021???) In the mean time I hope the revenue does not do a big nose dive now that the BPO is complete. SO from your last comment the BPO was CLAAS I think and you mentioned that part of thier normal purchasing was baked into the BPO.....do you know what % that would be? The BPO was around 15.5 million per Quarter....I don't know how much was "extra" compared to their normal purchasing.

Thanks for the info.....Still don't know if i should dump this stock or hold on for the bright future of 2021?????


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