Booktopia BKG are about to trial automated robots within its distribution warehouse early in 2021. They will be able to stack books higher, faster and with less space. Meaning more books will able to be stored in a smaller spaces. The robots will also be able to select books faster and distribute them to customers at a much faster rate than humans could ever do. This is going to be a very special year for Booktopia BKG. More books to customers at a much faster rate means more profits and higher revenues for Booktopia. This should really put a rocket into the share price. Watch out for a significant re-rate for Booktopia in early 2021
Add to My Watchlist
What is My Watchlist?