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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 dt_coreon Oct 13, 2021 12:59pm
131 Views
Post# 34001669

RE:Very quiet trading day so far

RE:Very quiet trading day so farIF there is a competing offer it's likely to take weeks rather than days and it would most likely come from a suitor that was not part of the group that AJX bankers canvassed initially.

I would like to see management host a conference call to discuss the transaction OR combine this with the Q3 earnings release. Important context and details are required so that investors can make an informed decision on whether to approve the sale or not. The press release was too high level.
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