@thunderhead. I am not doing anything. just holding on to it. hoping that a bidding war between $SLC and $ABB brings the share price closer to $4 -- if that fails, My view of the $SYM hasn't changed at all - I still think that $SYM probably on its own can grow sustainably in the future if the acquisition doesn't go through.

If you look at the superficial level $SYM looks like an ordinary business, but underneath it has gone through a significant investment cycle in the last 3-4 years and is ripe for growth in the next 3-4 years without dilution.

If it has to be taken over then I would prefer it to be taken over by $ABB rather than $SLC ( I rate $ABB management highly than $SLC). I haven't done a deep dive on $ABB or $SLC.

Thank you @Valueinvestor0909. As a holder of $ABB too, I would like if they don’t overpay for the acquisition, even though it would benefit me with my SYM position.

ABB is a much larger holding of course.

https://www.afr.com/companies/telecommunications/superloop-eyes-higher-symbio-bid-despite-declaring-best-and-final-20231003-p5e9b1

+ An article in Livewire on the bidding for SYM by SLC and ABB

Is this ASX small cap set for a bidding war?

No doubt about that, and that's my real life position too, though ABB is kind of fully valued at these levels.