Ann: Presentation - Webcentral and 5G Networks Agree to Merge, page-3

Great outcome for shareholders of both entities, but particularly the consolidated Webcentral register and company.
Combined entity ~$120M rev, ~$20M EBITDA, entering into ASX300 and bigger fundies radars

Consolidation of the debt
Consolidate liquidity into one entity - far more attractive for instos

Perhaps the most underrated is absorption of the cross equity. WCG effectively is only offering 2-1 on ~50% of the company, halving the dilution. And its getting 5GN @ around 94c, when less than a year ago is was trading at $2.40

This is a huge boost for webcentral shareholders. The combined MC will sit around ~150M at current prices, trading at only ~7.5X EV/EBITDA, and ~1.5X rev, this is before considering the inevitable synergies, cost savings and cross selling