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 > HEXO Warrants - HIP-WT-A - Strike Etc ??

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Comment by quebec4everon Jan 28, 2021 5:30pm

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Post# 32414543

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:HEXO Warrants - HIP-WT-A - Strike Etc ??

Touran77 wrote:

Touran77 wrote:

quinlash wrote:

quebec4ever wrote:
Market not aware of the warrants but strike cannot be modified after a Rs is what
i have as info so far,we ll see....but $15.50 is interesting if thats what it is.

Well whoever is considering them should be pounding on doors and calling every broker they can to discuss and confirm. They're cheap like dirt right now if the strike and conversion have not been impacted. I'm up to my eyeballs with them and may consider shedding some below what some sites are saying is fair market value in order to get my cost weighted average down.

The logical would be old strike price times 4.
If we had done the 8:1 RS, we would be higher than the 15.80 already.
Would be stupid if the RS had that a big influence on it.
JMO, no link or proof.

IF the RS Ratio*