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 > lets please clarify

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Comment by CanadianKiaon Jul 16, 2021 4:28pm

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RE:RE:lets please clarify

When is the deal supposed to close??? isnt it Q3?

Select55 wrote: Never said the redecan deal was bad I said redecan was cray to complete because the shares that are offered are 140 million in the red before the deal even completes;;

CanadianKia wrote: Just for new people to this forum.

HEXO SP isnt down because the deal with REDECAN is somehow bad now. The entire cannibas sector has taken a pretty big hit in the past month. Most of these companys trade in tandum with one another and HEXO isnt any diferrent.

Right now you have super cheap shares available to whoever has the money.

evven at the $1.36 pre split, the valuation is wild.

$400-$500M of revenue a year in the future assuming absolutly NO upside whatsover. What idio$ thinks this a bad company to own??

This entire sector is down. if you dont believe me, check out the weed ETF (HMJU) and how much value it has lost in the past month.

This is not a HEXO specific trend.