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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 Longongreenon Jan 21, 2018 10:49am
110 Views
Post# 27403304

RE:RE:RE:RE:RE:RE:RE:*Moving Average, Technical Indicator, Summary = Strong Buy*

RE:RE:RE:RE:RE:RE:RE:*Moving Average, Technical Indicator, Summary = Strong Buy*
Rothchildish wrote: That's where you're wrong. at 20$ , it would be a 4.320B$ market cap. You're insane to even imagine that number with the current plans they have. You cannot compare them to the ''big boys'' because the ''big boys'' have plans internationnaly (just look at their history of acquisitions). 


Outstanding shares roughly 102 million with the latest capital raise included.
102M x $20 = $2.04B market cap. Double that with a $40 share price assuming no further dilution and you get to a $4.08B market cap. My long term target is a $40 SP based on future expansion/production/acquisition. Remember that the current expansion is fully funded before the latest raise. Isn't anyone curious as to what THCX is going to do with the $130-$150M raise they recently announced? Any indications at the General Meeting?

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