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 > Why are we so bent on being NASDAQ compliant in this market

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Post by OldHexoInvestoron Dec 27, 2022 7:49pm

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Post# 35192964

Why are we so bent on being NASDAQ compliant in this market

Seems to me that the entire space has been shorted for over a year. I realize that many institutions can't invest if we are not listed so what's the big deal. With a small float and positive earning possibly next quarter our SP will surely improve. I mean by my math and I can be wrong but a $10 SP would give us only a market cap of +- $430M Cdn.

Until the MMJ space turns around keep your shares folks, the apparent catalysts that we are all waiting for seem to be taking time, so, why not go with the delisting.

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