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 > OmG to bad about Monday !!!

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Comment by Bubula50on Jan 29, 2022 10:34am

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Post# 34374324

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

quinlash wrote:

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/