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 > .64 cents ?

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Comment by VeritasVernon Feb 01, 2022 5:25pm

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Post# 34387095

RE:RE:RE:RE:.64 cents ?

Tourbag you are such a drivel of a clown. The stock was $10 a year ago and reached 58 cents are you really fricken dumb as well as blind?

Touran77 wrote:

Touran77 wrote:

VeritasVern wrote:

Keeler wrote: Divided by 4 equals .16 cents

$600 million raised at 50cents equals a further dilutive 1.2 billion shares, some have apparently "no worries" as they sip coffee

All of you bashers are saying Hexo is bad and trade at this SP because of the debts. If you raise 600M, the debt is gone. You are basically giving major ownership in the number 1 rec sales LP (and the LP would have 0 DEBT. You really think those investors wouldnt pay a bit of a premium on current SP? No one can be sure, but there is a chance. Wouldnt you pay more for a Hexo share if they had no debt to worry about? Now, as per last earning call, The note has 240M$ remaining, not 600M. If we use 0.50$ for SP, which would mean 480M shares. Or a total of 835M. The big question is how much number 1 in rec sales with no more convertible note is worth? 1b? 2B? More? 1B would be 1.20 or 100% increase from here. 2B would be 2.40 or 300% increase from here. Just FYI, CGC and Tilray are worth around 4B and have tons of debts. Ill repeat myself again, easy to call a SP is going down in a bear market. Easy to call SP is going up in a bull market. What really help people is trying to predict/talk about when the turnaround is coming. You were wrong last year when we went from 3.20 to 14, you have now been right for a while from 14 to 0.60, what will we say in a year regarding your bashing and recommendation to sell at 0.60$? Touran

Gotta keep that one not too far.

Touran