Snow is correct. They need roughly $500M to build out TRW. Half will come from organic growth. $100M from the loan and at least $150M from the pre-IPO.
Contrary to what Solomon wants us to believe, TRW will not be in a position to pay cash dividends.
We are hearing one BS story after another from this company. In fact, the whole dividend "policy" plan is flawed. As was the 5-year plan. As are most things from this company. It's like talking to a bunch of academics who think they have it all figured out. But the reality is different.
My conclusion is simple. If they don't announce a dividend in the coming weeks then there will never be one. And Solomon has been playing us all along.
Fasten your seatbelts, folks. It's do or die.