If you're calling anything under 10 years a long time in the stock market you are clearly clueless and shouldn't be listened to. If you're so old that 3-4 years is "a very long time" then you should stick to the term deposits and enjoy your 3.5% p.a. guaranteed returns.
Who cares what the share price does whilst you're holding, if you're not selling then it is just a number on the screen. If it gets to $1, even with a 90% decline in between you will still get 10x returns on the current price which is far superior to that term deposit rate. 
You can't time these things, and trying to will only cause stress and for you to miss out. If you want to play in the smaller end of town you have to be ready to cop massive fluctuations in the share price. If you can't handle a bit of red, then you don't have what it takes to get 10x+ returns and you shouldn't invest in stocks like this
Why IMU is a multi multi bagger, page-14552
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.3¢ | 5.8¢ | $2.926M | 48.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1489666 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 1250588 | 5 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |