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Queste Communications Reports Cash Flow and Strategic Investment Activity

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Queste Communications Reports Cash Flow and Strategic Investment Activity

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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.

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