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Great Ajax Corp T.AJX


Primary Symbol: AJX

Real Estate
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

Great Ajax Corp > Settlement details
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Comment by lamtonon Jul 09, 2021 1:54pm
121 Views
Post# 33521956

RE:RE:RE:RE:RE:RE:Settlement details

RE:RE:RE:RE:RE:RE:Settlement detailsThe market is not as "delighted" as the company obviously. If the settlement is that favourable to the shareholders I would think some kind of numbers would be included in the NR, a liitle more "details" as to how it would affect our operations going forward etc. etc. I suppose to have it settled is better than going back to court and wait another year. Show me the money - the financials next 2 qtrs. are the only catalyst to "provide a favourable outcome for shareholders".
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