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

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Post by Keeleron Dec 15, 2022 1:44pm

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Post# 35173768

Holy Macaroni!!!

the share price is sitting at .122 USD
As it stands right now, that translates into a share price of $ 1.71 USD (.122 x 14-1 r/s)
If it drops to .10 cents next week, with the actual split and a possible new financinga ccouncement - that's $1.40 USD.

Oh my.
How long will it be before Hexo is back under the Nasdaq $1.00 minimum?

Of course, they do have the Entourage deal and an announcement about Tyson 2.0 (although the products arent available in canada yet)

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