I think that investors have lost confidence in SDL.
We must remember that GC was given 8m shares as performance rights.
SDL is now one of the worst performing stocks on the ASX.
This invariably means that MD & CEO has failed to sell the SDL story to the market place.
It is fair and reasonable now that he be asked to tender his resignation in the face of such great losses in the value of the company.
To allow him to continue in his role is to state to the market that the board has little or no regard for its investors and is prepared to reward those that fail to deliver.
GC has been given plenty of time to deliver. The results speak for themselves.
Nobody likes it George, but its time to act.
Maybe then we can begin to restore a little confidence in the market place.
SDL Price at posting:
6.5¢ Sentiment: None Disclosure: Held
