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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

Post by KerBeron Apr 28, 2020 7:47pm
224 Views
Post# 30964261

Q1

Q1
Normally we get the Q1 results during the 2nd week of May, however, they may be slightly delayed this year so they can include the results of the negotiations between the company and Kubota. I would imagine it will be similar to the agreement we made with Raven back in July, 2018, they get non-exclusive access to a portion of our patent portfolio for upfront and ongoing royalty payments.
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