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

BLACKROCK Municipal Income TRUST

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Comment by PaoloJron Nov 21, 2018 10:12am

71 Views

Post# 29004155

RE:RE:sorry but ...

Canmoose wrote: I agree with you but at $6 , issuing 800 millions $ of shares = outstanding shares of 330 Million
Obviously their will be some dilutions and evenutally once it makes money the P/E ratio will be considered.

Considering that the stock is evaluated at $6 with 197 millions of shares....
if you increase the number of shares by 67%, the stock should go down by 67 % at $4.
Unless the new installations built with the new money will be so profitable, the operations of the company , will generate a P/E ratio within the 20 times. or less.

4$ would be grand..but bye bye nyse listing...expect buyout

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