Rennie69,
You are absolutely right.If there,s some entitys out there who think they can make any kind of hostile low bid on Zen,they could have tried it.The fact is that they know they cannot get away with it and will be put on the black list for future consideration.It will just be a waste of time anyway.
I believe that with almost 25% direct insider ownership and the company will not need much to ralley enough share holders support to make up the 51% votes in Zen,s favour if needed.Any company with common sense will not even try it.