primed for a rally ? imo, page-165

I agree with Trackers, it seems to me to be a wealth generating business for management, rather than one for shareholders. A while back there was a few 'cash-box' style plays, such as MLM, where they held more money in shares or cash than their market cap, today they have returned nothing to shareholders and their market cap is lower. I am not saying it is necessarily the case with DGR, just that buying into DGR instead of AJQ simply because of the market cap appeal comes with risks that instead of distributing the shares/proceeds from shares to the rightful owners (the shareholders), companies can hold onto the money and waste it away.

Another semi-successful version of this which I was invested in is CFE, they had a similar business model, and have had some decent returns over the years, however they have recently been stuck with the very illiquid mining assets and for whatever reason their share price is in the tank for now.

Although I realize by putting $1,000 into DGR shares I may be able to hold through proxy more than $1,000 in AJQ, I'm far more comfortable to just hold directly, despite it being illogical in a purely theoretical sense.