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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 ZoranStoon Oct 14, 2021 8:46am
161 Views
Post# 34004394

Thoughts

ThoughtsSo if management went around to those companies they felt would want to buy the company and only Kubota showed interest, what does that say for AJX technology? We all agree that they hold valuable patents so would you not assume that there would be a few companies offering up more money in the initial phase of solicitation?? If I were selling a house and I knew of a few potential buyers I would ask them first and if I only get one offer that tells me that the others are really not interested. So if these other companies that we told we were up for sale would they not be concerned about losing the technology to a competitor? I wish we knew who they shopped the company around to but I am still shocked that they were only able to fetch 75 cents……just does not make sense to me.

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