that is the frustrating flip side to low hanging fruit. It comes with a higher pay multiple, but also needs to ripen.
The question is, anywhere you gamble, that your pay multiple exceeds the risk of fatal flaw. The payday on the winners, need to overcome the bad bets you make elsewhere. Discount opportunity is when that winning pay multiple on a horse has increased, but the probability of the assets to attract development investment have not changed.
But i agree. Frustrating to a sense of another yard in the marathon. But is the finish line, to that first major domino to development finance within striking range ?
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