BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > Oh, Oh - avoid this stock ?

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Comment by Rotalucepson Aug 19, 2021 5:26pm

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Post# 33734921

RE:RE: Oh, Oh - avoid this stock ?

quinlash wrote: Keeler,

First off you have provided no link to what you are trying to pass off as an article.

Secondly, HEXO has posted (on average) losses of 20 - 25 Million per QTR over the last 4 QTRs / 1 year, this (on the high side) if you total it is 100 Million.

Lastly, the company has already stated that it will be doing a capital raise to address the Redecan deal as well as debt. A captial raise has a total interest rate applied of ... ZERO PERCENT. As we have yet to see cost per share and QTY for the capitial raise we cannot evaluate the amount of dilution that will come along with that. Considering the Redecan deal is valued at $7.53 per share we can likely take it for granted that the capitial raise will be around that level, or higher, considering the company has (in 2020) raised captial over market during the worse year on record for the cannabis sector.

Please do better research when trying to instill fear in our longs... what you are doing is not working well.

All the best

Q