Current NTA, page-35

I would like to see DGR sell down small percentages of companies and return capital to holders and retain some for working capital.

There is such a disparity between DGR's current value and that of it's holdings, that if they were to start a process of returning a cent or two back to holders each year, the sp would probably most likely increase despite selling down assets as investors would be encouraged to buy DGR for the dividend.

The company has the asset value to sell down some holdings and continue to ipo new companies. The directors can hold their own freebies if they want, but it's time to distribute some of the company's wealth. Either that or in-specie shares from any new listings to shareholders.

The long game is fine for the large companies involved and for directors who get salaries from each of the listed companies, but not necessarily for the average shareholder. Maybe DGR should also take on projects directly so any positive results have a direct impact on the sp.

I can't help but think they need to look at how Giralia did it for many years very successfully. Shareholders were the big winners there.

I look at the current sp versus the asset value and think it's a steal at these prices, yet I have no intention of ever buying more shares because the set up just doesn't justify it. People can see the huge disparity but are not interested because of the company structure.

Just my opinion.