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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 oiler14on Dec 29, 2018 10:44pm
219 Views
Post# 29168904

NYSE stock has to have a $4.00 price. ASE has to have $3.00

NYSE stock has to have a $4.00 price. ASE has to have $3.00this is just one requirement besides having # shares, three years earnings, etc. 
,
Before the meltdown, NYSE looked great with their price but now and exchange difference, probably the difference.  Besides, the listing cost is substancial.  Maybe in time if things work out they can move to the the big board.

Years ago in Canada, TSE wanted a company to have several years (quarters of earnings( reports to list besides a minimum price.  MSE had similiar requirements.  VSE was the venture exchange and ASE was the cheapest for a company to list. 

On another point, noticed that ACRG just listed a dispensery in Mass and their stock jumped 25%, whereas Trulieve has 22 dispenseries in Florida and their stock is about half theirs. 
So much for using yardsticks.  


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