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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

Comment by Keeleron May 03, 2022 3:21pm
71 Views
Post# 34652307

RE:SP increase

RE:SP increase What?
You think they want to sell their shares at higher prices?!?
Brilliant!
If Hexo can get  the share price to $100 by May 28 like queertard says - it'll only be 400,000 news shares. That's nothing! 
More of your INCREDIBLE business acumen on display.

Announcing yet another ATM is exactly how you raise the share price on a sub .50 cent stock - down .03 cents so far today.

The shares will sell at whatever the market price is - Hexo has no control on what will be.
Did you not read anything past the headline?

Did you not get your Recall Notice?




SP increase
I would expect they would want to sell the shares higher that todays SP so the issue fewer shares for thier 40 Million ,  I will take my chances and buy more down here .... GLTA 
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