1. For a $2k investment you can impress people at parties by telling them you hold 1,000,000 shares in an ASX listed company.
(You don't need to tell them the stock code just tell 'em it's a biotech. The semi knowledgeable who read papers might even conclude it's Cochlear. You'll not only seem wealthy but you might even score some sympathy.)
2. It's a no brainer in the Hotcopper tipping comp. Leverage doesn't get much better than this!
3. It's a Biotech, and therefore a great defensive stock in the event markets go pearshaped. Here TDX is in a class of it's own. Even with the whole world in flames TDX holders will sleep peacefully in the knowledge that the maximum their shares can fall is one point.
CGA Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held