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.

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BLACKROCK Municipal Income TRUST > Dates to watch

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Comment by CougerMilkon Oct 05, 2020 12:12am

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Post# 31665358

RE:RE:Dates to watch

Except delisting is a bogeyman that won't happen. And a reverse split, if it does happen, would have no material affect on Hexo. Plus, you've got a bunch of shorters who think they're all going to cover on that immaterial news... just like they thought they'd cover on ACB's reverse split. Instead, the shorts sent the shareprice through the roof. Hoisted with their own petard.

Last I read, Hexo's got over $90 million in cash which, depending on its increasing sales volumes and resulting cash flow, could be enough to see it through completely without further dilution.

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