When we talk about invstors/shareholders not having had an adequate return on their investment, we need to remember that this return does not need to be in the form of dividends. An increase in the value of your shares is also a return, and one which can be reflected in the individual shareholders company accounts. I would say a return where ones share value has increased from approx £0.80 to £2.50 in 8yrs isn't so bad. That equates to the FTSE increasing by 300% over the same period. Not such a bad return really!
