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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 Mar 24, 2020 2:27pm
146 Views
Post# 30842612

RE:RE:Takeover by Kubota

RE:RE:Takeover by KubotaMissed the CC today.....way to busy working from home....i will listen to it later today. The current price is still incredibly cheap. I swore i was never going to buy more but the price range these past 2 weeks chnaged that. Once the BIG sellers are gone the price will go up. There is no way the company will be sold for 0.06 to 0.08 cents per share...i think others have shown that a reasonable valuation is anywhere from 50 to 70 cents per share....

If they were going to sell I think they would have done that by now.....

If management is still bullish and the blackout period is lifted I would expect some significant INSIDER Buying to happen.....especially at these prices...


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