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 > Will Hexo drop to 60 cents again?

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Comment by Skateron Feb 02, 2022 4:15pm

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Post# 34390676

RE:RE:RE:RE:Will Hexo drop to 60 cents again?

Good return for those that pickedup shares at .60. I was thinking the best way out would be for Hexo to renegotiate the note with the existing lender. More favorable terms, longer extension. Not saying it will happen, just would avoid the otherwise massive dilution that they face. Either way, dead money for a long time til they operate themnselves out of this pain and get to cashflow positive. Refer to ACB for painful stupid acquistions and the effect on the share price.

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