LZ,
CCI Holdings (CHL) have been working on an "automation project" for some time which I believe is close to implementation. Basically this involves reducing some of the labor costs tied up on the reporting of coal analysis results to customers. It will mean the company will be able to superintend higher tonnages without a corresponding increase in costs. This, of course, adds up to higher margins as the tonnages to be tested rises.
I am hoping the board are going to comment on the progress of this automation project as part of their targets statement due out as soon as the bidders statement hits shareholders mailboxes.
Stay tuned :-)
CHeerfuL
LZ,CCI Holdings (CHL) have been working on an "automation...
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Last
48.0¢ |
Change
0.025(5.49%) |
Mkt cap ! $35.03M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 47.5¢ | $112.1K | 226.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 3753 | 1 |
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| Last trade - 13.53pm 29/07/2025 (20 minute delay) ? |
| CHL (ASX) Chart |