Footmax, thank you for your reply. I'd be more than happy to...

Footmax, thank you for your reply. I'd be more than happy to explain my point of view of holding shares for 5-10 years (You mentioned 10-15, but I'm not sure if that was a mistype or a misread on your part).
Here's some of the lessons I learnt in investing and how I view great value companies which check all the right boxes for me.
-Firstly I like to look at the company's management, I tend to do extensive research on each individual and evaluate their chances of success within their field. In IMU's case it was Mr. Paul Hopper and Ms. Leslie Chong, Paul Hopper did a tremendous job with Viralytics and Leslie has a phenomenal background in the Biotech Space.
-Secondly, I look at companies such as CSL and compare their charts; looking back if I'd bought CSL back in 2010, the SP was trading at around 30$, fast forward to today where they're essentially Biotech Giant with SP between 140-160.
-Thirdly, I also look at Investing as a sunk cost; don't get me wrong I'm not out to lose my money, but I essentially trade with a mind-set that anything that can go wrong, will go wrong. The world has uncertainty to it, but uncertainty can be rewarded to those who are patient. Giving here an example of the 2008 Financial Crisis and the Panic Sell offs. If an event such as that, forbid, were to happen today - I'd be pretty comfortable with not selling the shares I own in IMU; primarily because up to this point I see tremendous value within the company. So anything that cause the SP to collapse that is not an Internal Issue would not cause me to panic.
-But finally, the point you raised regarding the SP not moving a needle. I for one believe Biotech companies possible, IMHO, have the best Dividend payout. And if one is lucky enough to own enough shares of a company before it becomes a success; the dividend alone is worth justifying holding the shares.
It's the view that I have of the product itself, and is it a one off product or is it one that has a demand over time.
IMU's product is essentially a cure or an elimination process towards cancer, but do I see an essential change in Population or the rate at which people get diagnosed with cancer? It's all up to how one views information and finds value in it.
I believe it's rather unfortunate to believe this but health issues are one that offer a demand that quite often does not dissipate in less than 5 years or so, so for me it would be worth holding the shares because there'd be a demand for the product.
In having said that, there could very well be no progress; here I'll give an example of IBM. A company which I think reached its full potential and as an investor I don't see much growth or value in IBM so I would've essentially sold. But compare that to Apple, a company that still continues to sell products year in and year out, I think it's valuable enough for me to hold shares for 5-10 years of a company that defines a great value in terms of Supply and Demand.
By my estimation, I could very easily get a decent return on my investment over the course or 2-3 years or so with Dividend payouts. After that it's pretty much initial investment that I've recovered and hence minimised risk. It's also the potential hope that the team will continue to develop and improve products in the future.
Again, I'd just like to say this is all speculative research from my point of view. IMU could very well do the opposite of what I'm hoping for it to be and I could very well lose my investment. It's really down to personal opinion I think, and I've felt more comfortable with companies that I've held for atleast 3-5 years so far, and they've done well enough to justify holding them for the foreseeable future as long as there's no drastic change within management or an unfortunate event that would cause my to liquidate my position.
In the case of IMU, if all does go to plan - my strategy is not to make a profit on SP movement but rather hold and wait to see what sort of Dividends I collect over my investment; and if those numbers seem justified I'd happily hold the shares for 5-10 years if my natural life allows me to do so.
I hope that answers your question. If you have any more queries feel free to ask me; I'd be more than glad to answer.
It's always invigorating when one gets the opportunity to exchange their opinions in a civil manner, and it was a pleasure answering your question. I hope it helped.
Regards,
NT.