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 > Q1

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Comment by quinlashon Dec 07, 2021 3:15pm

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Post# 34207578

RE:RE:RE:RE:RE:Q1

NewStrike took place in 2018/19 timeframe, it provided the company with 8 additional provincial supply agreements and product lines that are top sellers for the company even today.

Yes, we seen the stock trading back then at $44 for a short period of time.

Alpha007 wrote: I laught at some of the past acquisitions by HEXO, shareholders were done dirty.....Newstrike Brand for example, whatever reason their management team thought it was a good deal selling all outstanding shares to HEXO for .06:1.....when this was trading at $45+.....people have no choice but to stay invested long-term because selling a position down 95% is useless at this point...unless they need a good large realized loss :D

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