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Queste Communications Ltd ( (AU:QUE) ) just unveiled an update.
Queste Communications Ltd reported its monthly cash flow, highlighting a net cash increase in operating activities despite a decrease in cash from financing activities. The company also noted a significant cash inflow from investing activities due to proceeds received by its controlled entity, OEQ, from the termination of an iron-ore royalty, indicating a positive impact on its financial position.
More about Queste Communications Ltd
Queste Communications Ltd is involved in the investment industry, primarily focusing on managing its interest in the ASX-listed investment company, Orion Equities Limited (OEQ), where it holds a 59.86% stake. The company operates in the financial sector, with its operations encompassing investment management and related activities.
YTD Price Performance: 10.0%
Average Trading Volume: 23,954
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.19M
See more data about QUE stock on TipRanks’ Stock Analysis page.