Just wanted to add re:
"Unsure by what other metric one could use when measuring the return on ones investment?"
Clearly SP is a fair metric for ROI. But you can't really use it (as you seemed to be) as a KPI for management, particularly at this end of the market. Otherwise the unchangedBODs on my investments in 2022 were all awesome from January to April, terrible in May and June, fantastic again through to September and woeful till now yeah nah they're the same boards doing the same job with very minimal control over the share price. Just saying.
Almost all of my investments have a lower SP than they had on 4 April 2022, but many have reached significant milestones since then, and are far more de-risked. Go figure.
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Just wanted to add re:"Unsure by what other metric one could use...
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