Ann: Immutep presentation for Jefferies Healthcare Conference, page-139

Yes and no. This would have been true in the good old days, but since, in the advent of hundreds of dodgy companies and thousands of dodgy directors patience can cost you a lot more than selling out. But that taken care of by investing in a company that has fundamentals, reasonable management and potential then yes, that statement still holds and I believe it holds true for IMM. Who would have thunk it when SP hit 11.5c that we would be in this position, not just SP but more importantly with our projects? Those of us who held on or averaged down have ben the big winners.