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.

NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > Hexo MC = $600M (CAD)

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Post by Zaybureon Aug 27, 2021 11:10am

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Post# 33775656

Hexo MC = $600M (CAD)

The market has pretty much decided that Hexo's MC is about $600M ---->( Pre PO, 150M shares X $4, Post PO, 200M shares X $3). Now it will perform more or less as the sector will. The only breakout is that an ER shows a substantial increase in revenue. But we won't know that before Feb 2022, as the ER will then include the Redecan's numbers. In the meantime a new CPG company might create some hype, but only temporary. Hexo's SP will be decided by the bottom line: profitable or not.

GLTA.

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