RE:RE:RE:RE:RE:Entreprise familiale Good points Nobody. But the LTD can't get smaller. They've done a remarkable job so far, as far as I'm concerned. Where is the cash going to come from to pay off Debt. Dilution? Common guys we've just had a 25 to 1 share split recently. The Service Center margins, will easily be in the 25% range, so the Investment there was paramount. The Service expansion, along with Pearson's capacity, will be a saviour of this company. The ability for the Bomber to push out this kind of capacity year in and year out will give the Bomber customers, trust, and confidence in the company. Then there is the delivery factor. Bombardier isn't being affected by the supply shortages either. I bet EM had something up his sleeve there. Maybe small adjustments like acquiring back the welding factory in Mexico, and some other in-house solutions had something to do with it? But EM & company were very resourceful. As I was telling Pablo, when the LTD is down to $3.5B, then they can start on some share buybacks, which should slow down this volatility of around $40.00 movements. As for the recent refinancing of $700M Bonds. It's easy to figure out why they did it, EM & BD told us why, Pablo knows why BD did that. Plus now, they are hitting the $1B in +FCF by the end of 2025, what are they going to do with the money? With $1B of +FCF coming every year, they're not going to worry about a $700M Bond maturity coming in 2027 and onward. Cheers