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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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by quinlashon Sep 08, 2021 3:12pm
118 Views
Post# 33825806

RE:RE:RE:HEXO CORP

RE:RE:RE:HEXO CORPRedecan approached HEXO...  no the other way around, there was no "Sucking In", they wanted to work with HEXO and it was reported that they had a better deal but still opted to continue on with joining forces with HEXO Corp.


quinlash wrote: The Redecan deal was valued at $7.53 per share, had they been worried about the SP they would have backed out of deal, they did not.  The deal closed despite the current SP of HEXO.  This tells me they are in for the long haul, in for the future success of their teaming up with HEXO and in for the future potential of the Cannabis sector as a whole.

As a long term investor... it tells me that my own long term strategy is likely the better strategy so I continue to hold, despite the SP now having fallen below my own averages and as it has for Redecan considering the original value per share that the deal was priced at.

GLTA

Q


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