Western Forest Products Inc T.WEF

Closing Data/High $ 1.90

[TimeBuilder]

Western Forest Products Inc

CAWEF.T

$1.88

$0.06 (3.30%)

Bid / Lots$1.87 / 220

Ask / Lots$1.88 / 108

Open Price$1.82

Volume1.77M (Heavy)

Day Range High / Low$1.90 / $1.81

52 Week Range High / Low$1.90 / $0.58

[Red_Deer]

So just another Dime to go to make WEF Marginable ONCE AGAIN eh !!!!!!!!!!!!!!!!

[ACarrothers]

Interesting. Not familiar with the rules, but looked into this. Would it not be marginable now, just at a higher % of market value? https://www.iiroc.ca/RuleBook/MemberRules/Rule00100_en.pdf Page 12 at the bottom

[Red_Deer]

Yes it would be__BUT only for the Pros and Hedgies__For us Retail Investors using Online Self Directed I am not aware of any of them which allow any margin below $2. Anyone out there know of any Online Brokers which DO allow for this ???

[bbwibone]

Questrade is giving me about 40% margin on my WEF shares. So to buy $1000 requires $600. When it was below $1.50 they gave me 0 margin.

[Red_Deer]

This is indeed correct__thanks for the info__might be the only online brokerage doing this eh ?? Share price Requirement Reduced margin eligible securities* 30% of the market value Securities selling at $2.00 or more 50% of the market value Securities selling at $1.75 to $1.99 60% of the market value Securities selling at $1.50 to $1.74 80% of the market value Securities selling less

[Red_Deer]

Most Online Brokers NEED to see $2.00 for MARGIN__here IT COMES eh !!!!!

[Red_Deer]

So HERE We ARE__Now FIRMLY Planted in the Plus $2.00 Range. ABOUT TIME eh !!!!!!!!!!!!!