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Queste Communications Ltd ( (AU:QUE) ) has issued an announcement.
Queste Communications Ltd’s latest cash flow report indicates a net cash decrease from operating activities, with minimal receipts from customers and significant staff and administrative costs. The company reported a notable cash inflow from investing activities due to proceeds received by Orion Equities Limited from the termination of an iron-ore royalty, impacting the consolidated cash position positively.
More about Queste Communications Ltd
Queste Communications Ltd is involved in the investment sector, primarily focusing on its significant interest in Orion Equities Limited, an ASX-listed investment company. The company operates with a controlled entity structure, which influences its consolidated financial reporting.
Average Trading Volume: 20,207
Technical Sentiment Signal: Sell
Current Market Cap: A$1.11M
See more insights into QUE stock on TipRanks’ Stock Analysis page.