If we seen the BML deal the MKO SP would be 9c+ ...be much harder to do a EAR scrip deal then without lifting to least 2:1 MKO : EAR ...if not lower to entice the other 40% of MKO holders (as like I've said before EAR is overvalued to peers)
The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint