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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

BLACKROCK Municipal Income TRUST > Common Shares owned by Hexo Board
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Comment by Keeleron Aug 06, 2021 3:54pm
91 Views
Post# 33664685

RE:RE:RE:RE:Common Shares owned by Hexo Board

RE:RE:RE:RE:Common Shares owned by Hexo BoardUm - forget about options for now.

The point is that the Insiders/Board members of Hexo haven't spent any of their own money to buy Common Shares of Hexo in the last two years.
Share price has ranged from $14 to under $5 today.

If Hexo is such an increbile company with no ceiling on future earnings - and today's share price is such an incredible  buying opportunity at todays' share price, why aren't any of them buying any common shares?
Obviously, if the only way the Insiders will risk their own money is if they're quaranteeed a huige return by excercising Options granted to them, they show and have no confidence in the conpany they supposedly run.

Average joe retail doesn't get that luxury of 'Options GRANTED' - they have to risk and invest their family's financial situation and actually buy shares.
So why would they do that - when a millionaire Board memerb won't buy a lousy 5,000 shares
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