Queste Communications Ltd (AU:QUE) has released an update.
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Queste Communications Ltd reported a net cash usage of $8,000 from operating activities for the current month and a significant cash inflow of $3 million from investing activities year to date. Despite challenges in operating cash flow, the company’s strong cash reserves, boosted by proceeds from an iron-ore royalty termination, highlight its financial resilience.
For further insights into AU:QUE stock, check out TipRanks’ Stock Analysis page.