Bid to take over Broncos - From SMH.COM

[Kurt Angle]

Lol Kurt. Aren't News Ltd supposeed to be that?

No, they are one company.

I'm talking about getting a diverse range of corporate clients.

Assisting them to all get to know each other and network makes it easier to sell corporate packages and the like.

Brisbane will never be a real club unless they build a Leagues club on top of the Caxton, fill it with pokies, offer a $4.5 bistro, and get a club stalwhart like Mark Hohn to be CEO.

I'll put my hand up with the $210 000 required to buy all the shares at market value.

It'd be a cool idea actually for a consortium to buy all the Broncos shares, then sell the NRL license to another Brisbane based QLD cup club, thus disbanding the Broncos.

 

[Joe Davola]

The Broncos have 98million shares on issue, giving a market capitalisation of about $22m @ 23c.

For more info, see here.

 

[Misty Bee]

Yeah, interesting to see that Singo bailed 2 weeks ago too.

Maybe they are insolvent and have to cease trading.