Way too early to even speculate. I love the way people on the ASX tend to think (small) like mining stocks transactions when the deal will be more like a Nasdaq deal for sure.
It'll all depend on the data that's forthcoming and how attractive the Cardio business appears to would be buyers.
Anything anyone can say here and now, is a waste of neuron energy really as the better the data results the higher the value the more likely a cash or cash:share type deal is likely offered I firmly believe.
Remember ... this topic started from discussing the next potential CR ... if Cardio data starts to flow and it's positive - there won't be a CR but there's likely to be a "transaction" and it won't involve a CR. If data is average it might.
https://dealroom.net/blog/biggest-m-a-deals-2022
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