Wealth Management18 Sep 2015 09:08
IMO this is why RT is invested in DAN. He has used their wealth management services and found them to be excellent. So therefore he invests. As a customer and investor he also wants to see DAN provide the best service. This is exactly the same as when I invested heavily into HL because I thought their product was great, and I made a packet. DAN have already said their wealth management business is growing.
The key factor is Epsllon, who are working far closer with DAN than RT. They will drive DAN into profit IMO. They will also be behind other initiatives that I'm sure will be announced with the results in the next 2 weeks. Epsilon invested at 3.35p and are very close to DAN wrt strategy and business. If the investment was only worth 2p a share, that is what they would have paid.