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Queste Communications Ltd Reports Stable Cash Flow Amid Minimal Investment Activities

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Queste Communications Ltd Reports Stable Cash Flow Amid Minimal Investment Activities

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The latest announcement is out from Queste Communications Ltd ( (AU:QUE) ).

Queste Communications Ltd reported a modest net cash inflow from operating activities for the month, primarily due to the recovery of staff costs under shared office arrangements. The company’s cash position improved slightly, with cash and cash equivalents increasing by $22,000, reflecting a stable financial standing despite minimal cash flow from investing and financing activities.

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, focusing on managing and reporting cash flows from various financial activities.

Average Trading Volume: 6,000

Technical Sentiment Signal: Sell

Current Market Cap: A$1.06M

See more insights into QUE stock on TipRanks’ Stock Analysis page.

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