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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 Jimmy713on May 17, 2021 10:06am
117 Views
Post# 33213467

RE:With all these acquisitions.....

RE:With all these acquisitions.....
Soccerguy wrote: Do you think we will see another reverse split? Nice to see this but I get worried. 


In numbers:
ZENA will cause the issue of less than ~20m Hexo Shares
NRTH will cause the issue of less than ~6m Hexo Shares

The 2 acquisitions will cost less than ~26 million Hexo Shares
We have less than 123 million shares outstanding

Total will be around let say 149 million.

Do you think going from 123,000,000 to 149,000,000 could cause a reverse split?

The SNDL is in deep poopo...
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