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 > No 'death spiral'

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Comment by Keeleron Jan 13, 2022 8:42pm

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Post# 34315232

RE:RE:No 'death spiral'

Hexo's disastrous Q1 financials refelcted two months of Redecan revenue.
Do you remember what the Net Loss was that Hexo reported?

If not, it was $116.9 million.

So - how much did the $1 billion acquisition of Redecan actually help Hexo?
Would a full 3 months of Redecan rvenue have shown a loss of .... $90 million?

How long will it take of Hexo NET PROFIT to recover and break even on their $1 billion Redecan prize?

Shazam57 - (1/13/2022 7:49:21 PM)
RE:No 'death spiral'

You have been a member on stockhouse since the 11th. Not much of a reputation. Do you remember how much revenue'profit Redecan was doing?

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