The event that has taken place was nothing less than an absolute tragedy to be sure.
The reason the SP will drop is actually indicative of the quality of SDL management.
The management is of the highest quality and hence it cannot be replaced. In real terms the company has lost a massive group of intangible assets (sorry for sounding cold). This loss must/will be reflected in the SP (if only for a short while).
I have seen other companies where a bad CEO/Chairman has stepped down and the share price responded by going upwards (see: ISF).
Would you prefer SDL's share price to rise in reaction to the incident?
Wouldn't that be more disrespectful?
Sincere Regards,
Mack
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