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Queste Communications Ltd Reports Stable Cash Flow Amid Investment Gains

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Queste Communications Ltd Reports Stable Cash Flow Amid Investment Gains

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Queste Communications Ltd ( (AU:QUE) ) has shared an update.

Queste Communications Ltd reported its monthly cash flow, highlighting a net cash outflow from operating activities and a significant inflow from investing activities due to proceeds from the termination of an iron-ore royalty. The cash flow report indicates a stable financial position with cash and cash equivalents remaining steady, reflecting the company’s strategic management of its investment portfolio.

More about Queste Communications Ltd

Queste Communications Ltd is involved in investment activities and holds a significant interest in Orion Equities Limited, an ASX-listed investment company. The company operates in the financial sector with a focus on managing and reporting cash flows from its controlled entities.

YTD Price Performance: -2.22%

Average Trading Volume: 26,204

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.19M

Find detailed analytics on QUE stock on TipRanks’ Stock Analysis page.

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