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Farmers Edge Inc T.FDGE

Farmers Edge Inc. is a Canada-based agriculture technology company with a portfolio of technological solutions, spanning hardware, software, and services. The Company operates through two segments: digital agronomy operations and e-commerce operations. The digital agronomy operations segment offers a suite of digital agronomy solutions to growers and others in the agriculture ecosystem. The e-commerce operations segment is engaged in selling crop inputs through an online marketplace. Powered by a combination of connected field sensors, artificial intelligence, big data analytics, and agronomic expertise, the Company’s digital platform turns data into actions and intelligent insights and delivers value to growers and all stakeholders in the agricultural ecosystem. It provides advanced digital tools to growers and other key participants in the agricultural value chain. The Company's technology platform, FarmCommand, integrates remote imagery from satellites with other data sources.


TSX:FDGE - Post by User

Comment by Capharnaumon Nov 17, 2021 1:39pm
251 Views
Post# 34137140

RE:RE:if dips under $3, margin calls will be made.

RE:RE:if dips under $3, margin calls will be made.
bek816 wrote: A 50% margin?  Where did you get that number from?  Look how much of the shares are held by Fairfax and Barnes.  


I think the poster was talking that individuals and funds that hold Farmers Edge on margin may get margin calls if they're extended, since if the share price go below $3, the margin on the stock will be cut from 100% to 50%.

While it may affect some investors, I would think there aren't that many shares held on margin that would need to be covered unless the market gets a downturn, as I doubt many are 100% extended.
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