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Please find below link for further explanation
https://www.petrofac.com/media/news/update-on-uae/

This was reach high up to 1.48 and then went to .92 pence. Now its stable at range 1.04. Shorter already collected or someone have purchase stock nearly on 26 - 28 Jul 21 (20m) it looks like sum positive news in pipe line and our friends don't want to miss the chance Most imp. its already down by 95% from the HIGH
If Takeover will come what s/b the Price?
So good luck to Long Time Holders

1st Qurter of 2019 FCA will approve

Time will tell

Once the approval for merger with ASDA the Share Price will touched £ 4.00 o £ 4.50

Any news or Idea about how they use �6m, Has been used or What?

Walmart 40% Qatari 17% Sainsbury Families 5% Total 61 to 65% Rest will be in Hand of Institute+Sainsbury & Asda Staff And Rest in Public Hand What will Be PRICE After merger? GLA

Today Short % 6.46 AQR Capital Management, LLC SAINSBURY (J) PLC GB00B019KW72 0.79 2018-04-26 BNP PARIBAS SA SAINSBURY (J) PLC GB00B019KW72 0.65 2018-04-19 Citadel Advisors LLC SAINSBURY (J) PLC GB00B019KW72 0.64 2018-04-09 Discovery Capital Management, LLC SAINSBURY (J) PLC GB00B019KW72 0.58 2018-04-19 GLG Partners LP SAINSBURY (J) PLC GB00B019KW72 0.68 2018-04-30 Marshall Wace LLP SAINSBURY (J) PLC GB00B019KW72 1.42 2018-04-30 Pelham Long/Short Master Fund Limited SAINSBURY (J) PLC GB00B019KW72 1.70 2018-03-26

Till yesterday Shorting list 10.71% AQR Capital Management, LLC SAINSBURY (J) PLC GB00B019KW72 0.79 2018-04-26 BlackRock Investment Management (UK) Limited SAINSBURY (J) PLC GB00B019KW72 1.69 2018-03-27 BNP PARIBAS SA SAINSBURY (J) PLC GB00B019KW72 0.65 2018-04-19 Citadel Advisors LLC SAINSBURY (J) PLC GB00B019KW72 0.64 2018-04-09 Citadel Europe LLP SAINSBURY (J) PLC GB00B019KW72 1.29 2018-04-26 Discovery Capital Management, LLC SAINSBURY (J) PLC GB00B019KW72 0.58 2018-04-19 GLG Partners LP SAINSBURY (J) PLC GB00B019KW72 0.73 2018-04-24 Marshall Wace LLP SAINSBURY (J) PLC GB00B019KW72 1.85 2018-04-18 ODEY ASSET MANAGEMENT LLP SAINSBURY (J) PLC GB00B019KW72 0.79 2018-02-19 Pelham Long/Short Master Fund Limited SAINSBURY (J) PLC GB00B019KW72 1.70 2018-03-26

Tesco 'planning' discount chain to take on Aldi and Lidl

Wait and watch for few Days for share RISEEEEEEE

3 Oct Berenberg 300.00 Buy rate

Since last few days more Sale then Buy. But All the Sale Are also BUYS 23/08/2017 5,165,808 4,302,984 9,468,792 22/08/2017 1,018,054 4,494,525 5,512,579 21/08/2017 882,347 21,780,499 22,662,846 18/08/2017 7,921 7,564,139 7,572,060 17/08/2017 2,380,360 3,121,701 5,502,061 GLA

If the VOTE NO more then 30% company will issue RNS or what?

Its is to Walk away or if accepted then BINGO for Them( But Chances are less for BINGO)

15:04:21 2.8028 59,000,000 O 2.8000 2.8200 Sell 6,622,997 62,963,379

Class of relevant security: Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: Nil Nil (2) Cash-settled derivatives: Nil Nil (3) Stock-settled derivatives (including options) and agreements to purchase/sell: Nil Nil TOTAL: Nil Nil

1, No VOTE 2, Share price Increase From 2.90 to 3.50 or 4.00p 3, Counter Bid 4, Contract to be sign

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No wonder why this was down from highest point as J P Morgan was shorter till last ? Any Idea???????????? Enquiries: Fiserv Britt Zarling (Corporate Communications) Tel: +1 414 526 3107 Paul Seamon (Investor Relations) Tel: +1 262 879 5727 J.P. Morgan (Financial Adviser to Fiserv and Bidco) Jay Hofmann Tel: +1 212 270 6000 Brendan Minehan Tel: +1 212 270 6000 Adam Laursen Henry Capper Tel: +44 207 742 4000 Tel: +44 207 742 4000