Queste Communications Ltd (AU:QUE) has released an update.
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Queste Communications Ltd has reported a net decrease in cash and cash equivalents due to operating activities for the current month, with staff and administration costs impacting cash flows. However, the company has seen an influx of cash from financing activities and a significant increase in cash from investing activities year to date, primarily from the proceeds of an iron-ore royalty termination received by its controlled entity, Orion Equities Limited.
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