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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 DaveDavidsonon Oct 04, 2018 5:56pm
254 Views
Post# 28748126

Lets get something straight

Lets get something straightFor everyone in here complaining about the 6$ price of the warrants i hope you are not currently holding any hexo because your due diligence is pathetic the 6$ price was not set in the last few weeks it was set the 1st of august when the deal was originally announced. Keep in mind this news was released in the morning of the first of august, the 31st of July just the day before hexo opened at a price of 4.14 this is almost a 50% premium from where the stock was the day before there was no way for molson coors or hexo to anticipate the 100% increase in share price in just over two months please if you are gonna put your money into something please put atleast a fourth of the time it takes you to earn it into your research. And if you dont believe me which you SHOULDNT check out this video skip to the last two minutes this was recorded and posted august the 1st following the initial news release https://www.bnnbloomberg.ca/video/molson-hydropothecary-cannabis-joint-venture~1452693    The knowledge on this board is abismal
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