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ACT sitting at R0.78 is tough to justify when you look at the admin fees they're pulling in, margins are ge…by @julianreins_jse on $ACT

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julianreins@julianreins_jse·Neutral

ACT sitting at R0.78 is tough to justify when you look at the admin fees they're pulling in, margins are getting squeezed harder each quarter. Healthcare admin in SA is a grind, but at least they've got some recurring revenue from the schemes. Long way down from where it was, question is whether the business actually turns it around or just keeps leaking.

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