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Queste Communications Ltd Reports Positive Cash Flow Amid Investment Gains

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Queste Communications Ltd Reports Positive Cash Flow Amid Investment Gains

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Queste Communications Ltd ( (AU:QUE) ) just unveiled an announcement.

Queste Communications Ltd’s latest monthly cash flow report highlights a modest net cash inflow from operating activities and significant cash inflows from investing activities primarily due to proceeds received by OEQ. The cash flow statement reflects a stable financial position for the company and its controlled entity, with cash equivalents increasing over the period, indicating a positive impact on their operational liquidity.

More about Queste Communications Ltd

Queste Communications Ltd is involved in investment activities, holding a significant interest of 59.86% in the ASX-listed investment company, Orion Equities Limited (OEQ). The company operates in the financial sector with a focus on investment management.

YTD Price Performance: 0%

Average Trading Volume: 21,489

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.22M

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

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