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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 Possibleidiot01on Oct 08, 2021 1:48pm
174 Views
Post# 33989585

volume after Kubota offer

volume after Kubota offer At 1.39 pm , 492,514 shares which in my opinion is low ,given the offer . Like 1/240th of the company. In the last few years in Canada , offers have been accompanied by much higher volume percentagewise and i think that volume has pushed through some inexpensive offers.

I know it's a holiday in Canada so some people may not be paying attention but the low volume may indicate this is a wait and see offer. Wait and see , what transpires now everybody is aware that the company is open to offers ( which should take 2-3 weeks to appear if any are coming).

Like I said I am not unhappy with the offer but I can be greedy for a higher one.
GLTA
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