Yes I think you are right there are a few things are mitigating...

Yes I think you are right there are a few things are mitigating the risk of this:
- higher market cap = more money required to manipulate
- smaller relative number of HASO options vs HAS heads than the ratio was for AVR
- closer to production with definitive numbers
- broader well known and visible sector (we are less of a hidden gem, even though a gem nonetheless)
- German money will be a second wave of uplift, and I believe will happen before April
- AVR holders were easier to spook for a bunch of historical reasons

its still a risk though. Big money loves playing with option arbitrage. I also remember the DYL share price would magically drop 15-20% in the last couple of days in the “forced early conversion” period for DYLO, resetting the option expiry date (in that case I was cheering rather than lamenting)