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The latest update is out from Queste Communications Ltd ( (AU:QUE) ).
Queste Communications Ltd’s latest cash flow report highlights a decrease in net cash from operating activities, with notable expenses in staff and administration costs. The report also reveals a significant cash inflow from investing activities due to proceeds received by its controlled entity, Orion Equities Limited, from the termination of an iron-ore royalty, which positively impacts the company’s financial position.
More about Queste Communications Ltd
Queste Communications Ltd is involved in the investment sector, primarily focusing on its significant stake in the ASX-listed investment company, Orion Equities Limited. The company does not appear to have direct operational activities in manufacturing, research, or marketing, as indicated by its cash flow report.
Average Trading Volume: 18,363
Technical Sentiment Signal: Sell
Current Market Cap: A$1.08M
Learn more about QUE stock on TipRanks’ Stock Analysis page.