Quote:
Originally Posted by Slava
Hard to say. His positions are still in these airlines, just under the ten percent required for reporting. It just means they don't have to report anything until ~May 15th now, 45 days after the end of the quarter. Maybe they'll liquidate the remainder of the shares or reduce positions, but we won't find out for a month and a half.
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How does the reporting requirement work? Say he puts in another batch under 10%, before that date, does he have to now declare it before then?