tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Queste Communications Reports Cash Flow and Strategic Investment Activity

Story Highlights
Queste Communications Reports Cash Flow and Strategic Investment Activity

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Queste Communications Ltd reported its monthly cash flow, showing minimal cash flow from operating activities and a significant inflow from investing activities due to considerations received by Orion Equities on the termination of an iron-ore royalty. The report indicates a strategic financial maneuver, potentially impacting stakeholders by enhancing the company’s liquidity position.

More about Queste Communications Ltd

Queste Communications Ltd is engaged in the communications industry and holds a significant interest in Orion Equities Limited, an ASX-listed investment company. The company appears to focus on investment activities given its control over Orion Equities and its standing as a consolidated entity.

Average Trading Volume: 29,556

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.08M

See more data about QUE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1