Snake's ruler gets company supporters (4-6)

I believe the answer is:

king-cobras

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'snake's ruler gets company supporters' is the definition.
I can't judge whether this defines the answer.

'ruler gets company supporters' is the wordplay.
'ruler' becomes 'king' (king is a kind of ruler).
'gets' says to put letters next to each other.
'company' becomes 'co' (abbreviation).
'supporters' becomes 'bras' (a bra gives support to breasts).
'king'+'co'+'bras'='KING-COBRAS'

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I've seen this clue in the Sydney Morning Herald.

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