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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

Comment by quinlashon Jan 29, 2022 10:29am
112 Views
Post# 34374315

RE:RE:OmG to bad about Monday !!!

RE:RE:OmG to bad about Monday !!!
pdcon1 wrote: hexo perspective 

hexo market share  17 %     tilray  15.5%    canopy 14%   acb   6.5%

redecan deal    400 million cash    plus  70 million hexo shares   valued then at  525  million 
   todays share value  in shares   42 million 
redecan holds  31% of  hexo shares 
it is in hexo and redecan  favour for share price of hexo to  gain value 
hexo debt is based on 2.90 share price  and an increase in share price is also  in debt holder  favour 
everything here leads to hexo share price appreciation  and based on financials  will dictate the amount  hence  i keep buying more hexo shares at this rediculous 60 cent price



redecan share holders  the note holders  and hexo share holders  will not let  hexo default for those reasons   its in everyones favour   jmo  


HEXO already noted in the Q1 report that they are expecting EBITDA positive in the Earnings Call. The gap is only 11.5 Million that needs to be closed. Incremental earnings coming in for Q2 report may close that gap on it's own however the 1 time expenses on last report will not be appearing on the upcoming report therefore there are multiple ways the company can close the 11.5 Million EBITDA gap. Note the debenture holders are seeking Adjusted EBITDA positive which makes things easier. Debenture holders are not going to allow HEXO to fail -> Period, they are much better off holding tight and allowing the increased market share shine through on upcoming reports and.. again as noted in the earnings call... see the company turn cash positive within the next 9 months. (Dec 14, 2021) HEXO 2022 Q1 Earnings Call Transcript https://news.alphastreet.com/hexo-corp-hexo-q1-2022-earnings-call-transcript/
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