feom today AFR. - shame I secretly hoping QUB was talking to Amazon.
“Amazon is investing more than $500 million in its first robotic distribution centre in Australia in a move aimed at speeding up deliveries and doubling its capacity as the structural shift to online shopping gathers pace.In its single largest investment in Australia since launching its online store in December 2017, Amazon has confirmed plans to build a 200,000 square metre "fulfilment centre" at Goodman Group's Oakdale West industrial estate in western Sydney. The centre – which will have a footprint the size of 22 rugby fields – will be manned by about 2000 robots.”
Patience is what I tell myself. Long term this will go well. what happens the proceeds from the up and coming sale and leaseback process. On top of their recent placement.
QUB Price at posting:
$2.89 Sentiment: Hold Disclosure: Held
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