IMUGENE LIMITED (ASX:IMU) - Ann: Phase 1 CF33 VAXINIA Study Update - Positive Early Signals, page-290 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by davybabyk: ↑

Hiya TB

Yup - IMU has multiple pathways to commercial success, and I have always felt that the risk ha been overestimated by the market, and the potential rewards underestimated. I think that has been true of IMU at every stage of their development since the Biolife Sciences reverse takeover in late 2013.

I learned from my NEU experience (and also from selling my LYC shares at tiny profit just as they started their big turnaround). The lesson was - hold on if you feel the fundamental products, processes and management are good. And with IMU, I feel that all three categories are exceptionally strong.

Here on HC emotions can run high - both positive and negative. My posts on IMU are generally optimistic in tone - but only because my analysis of the science tells me that IMU is likely to have not just one success, but several. I also feel that their strategic planning is on point.

IMU was always going to be a long term investment, when I first took a position in 2014. I definitely underestimated just how long that term would be - but along the way they have diversified and expanded their IP in remarkable ways, and the potential end value has grown exponentially. So holding for a longer term than I originally planned has still made sense.

At this point, my feeling is that the waiting time to initial commercial success will be shorter than the market seems to think, but unless something radically changes, I will hold the bulk of my IMU shares well beyond the first deal because - like you - I see a series of ascending peaks ahead.

A takeover by big Pharma would alter that, of course, and it remains a possibility. Any offer would have to be very substantial though, because I don't believe the Board - or the major shareholders - would accept a low ball offer.

Cheers

Dave

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".......... I have always felt that the risk ha been overestimated by the market, and the potential rewards underestimated. ......."

Howdy DBK, seems a fair and reasonable position. Guess to be utterly pedantic the one word "always"could be tempered to "for quite some time" but think even the most severe of detractors would understand the statement as it stands, for what it is.

It has again been a very interesting year for IMU with lots of points of seeming contention thrown up at the punters. Some have argued for and others against each of these yet here we are at the end of the year with no tangible negatives, all cornerstone supporters still onboard, the science still taking (only) positive steps with lots of news of likely advancement to come in '24.

This past year we lost one of the worlds more reasoned individuals in Mr Charlie Munger. One of his perhaps lesser known quotes was "You must force yourself to consider opposing arguments. Especially when they challenge your best-loved ideas" Suggest thanks to this forum and its contributors there has been ample opportunity to look and reflect on all 3 sides of this IMU coin. So sincere thanks to all contributors for assisting me in this task.

Happy to say that at the end of the day, stripping away as much emotion as I can, IMU still very much meets my personal investment objectives. Of course I am one of the more fortunate of punters still showing green and so sympathize with those who end the year under water (we all have those). Daily price however, is very low on my scorecard as I tend to buy with a view to hold.

Very best wishes for the festive season to all contributors and even more so special thoughts and very best wishes to all those who unfortunately are bringing reason for the development of IMU.