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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 quinlashon Apr 08, 2020 6:17pm
269 Views
Post# 30892112

RE:Share dilution...

RE:Share dilution...Market sets the price. Right now the market is paying $.75 in after hours trading. It may be that investors now see that the company has the funding needed to carry itself through to being cash flow positive or maybe they had access to a level 2 report today showed bid support of over 1.4 million shares at .70 going into the close of trading with another 2 mil + shares bid down to .64. Maybe we will see lower prices, maybe it will bounce around these levels for a bit before starting a recovery, time will tell Count on one thing for tomorrow. The price will vary and volume will be high GLTA Q
stocktradinguru wrote: Cash burn...
lack of cash flow
poor earnings next quarter
likely delisting

Hexo is facing desperate times---that's why they issued another public offering...to raise capital---to survive

Stock will be trading under .50 cents in near future...

I predict that Hexo will not survive..It will drop to .25 cents by end of summer...

Sell your shares!!! Don't become like the shareholders who own TRST.




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