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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 ArnoldLayneon Jul 13, 2021 9:58am
87 Views
Post# 33535296

RE:RE:RE:RE:RE:Seems fair to shareholders

RE:RE:RE:RE:RE:Seems fair to shareholdersHe would have been dumb not to sell dont you think Vern ? 44$ back then was a sell trade. Bagholders bought shares at that time out of FOMO, nothing more
VeritasVern wrote: SSL sold all his shares a few years ago at about $38-39. Most CEO's hold if they believe in the company. Shares he has today are new issues. Ya he's a hero to the pumpards that can't see he bailed out on shareholders. 

Touran77 wrote:

 

quinlash wrote: His compensation is mostly through stock options, his base salary is just under $500 K CDN per year... in US Dollars that works out to about $406 USD.  He is also the same CEO that landed the two deals with Molson, this is no small feather in his hat as only Canopy Growth has a comparible partner and Canopy shares trade at apx 4 times the earnings value of HEXO.

Seems unfair hey, to the average Joe, that a guy who made the effort to start a company and land Fortune 500 companies as partners is doing so well.... just goes to show how hard work and dedication pays off.  Anyone wanting a salary like his should consider starting their own company and doing the same... why is it that so few people make an effort like our CEO does ?

GL to SSL and his team

Q

Long on HEXO

 

 

He must be believing a lot in the company to have more than 90% of his pay through stock options :).

Tonto





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