The time value of money is based on the premise that an investor prefers to receive a payment of a fixed amount of money today,rather than an equal amount in the future,all else being equal. In particular,if one received the payment today,one can then earn interest on the money until that specified future date.
So,if you can make 1.50 today ( a 30% return),take profit and run...go to KCB rights,Equity,instead of waiting for Safcom to hit 8/= a year from now.
Business opportunities are like buses,there's always another one coming
Business opportunities are like buses,there's always another one coming