support level17 Jan 2013 19:53
Hi mac62,
SSP has a strong support level around 190 pence. I would expect it to bounce strongly off that if it gets that low. If it goes through that it could fall a long way. I am looking for a bounce off 190.
Fundamentally this is a good company, that has reduced its gearing quite a good bit in the last 6 months. The biggest killer of companies is high gearing.
Fingers crossed.