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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

Post by Duster340on Mar 17, 2023 4:50pm
164 Views
Post# 35346033

🍿🍿🍿interesting🍿🍿🍿

🍿🍿🍿interesting🍿🍿🍿prety much went as expected today.  did you guys notice the big drop prior to the close $1.80 to $1.73 it looks bad, even in the best case scenario if they could find financing it will be at a much lower price than the current price, and more dilution i see the stock easily making new all time lows.  if they exhaust all avenues of financing then i think tilray will make a lowball offer for the company but only after hexo have been turned down by everyone else. share holder's will have to accept the lowball offer or go bankrupt. in my opinion that offer will be around $1 per/share. is queentard going to be ok with that, my guess he takes the $1. lol  









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