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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)

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

BLACKROCK Municipal Income TRUST > Hexo Announces US$40 Million ATM Financing, Has Less Than Tw

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Comment by VeritasVernon May 03, 2022 12:51pm

75 Views

Post# 34651535

RE:RE:RE:Hexo Announces US$40 Million ATM Financing, Has Less Than Tw

Not a surprise to some of us that they announce a $40 million ATM, that will carry them for a few months at best as they have to pay interest and continue to lose money. The likely scenario is continued dilution and a further decline to the sp. In the end the value will be a lot less than today. How has that cost averaging working out for you longs and candle stick readers?

Keeler wrote: Hilarious.
Just doesn't have a clue.
Cheers.

Salvatore - (5/3/2022 11:37:11 AM)

RE:Hexo Announces US$40 Million ATM Financing, Has Less Than Tw

Tilray would not have spent 200 million on this company if HEXO was going bankrupt, no company with a brain would do that. There for i dont belive the nonsense. Cheers