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 > HEXO + Redecan = $4.33

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Post by quinlashon Oct 08, 2021 3:39pm

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Post# 33990227

HEXO + Redecan = $4.33

Redecan Deal is valued at 1.2 Billion

At this moment HEXO Market Cap is 600 Mi

That give us 1.8 Billion

HEXO has 277 Mil shares

1.8 Billion / 277 Million Shares = $4.33 Per Share

That does not include anything for Zenabis, Nor 48 North, nor how high the share goes to include those short on shares by 24.5 Million shares having to buy back at a higher price.

Calls on the stock are at $6.14

PS Ratio shows fair value well over $20

DYODD

Q

- HEXO Long

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