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Queste Communications Limited (ASX:QUE)

ALERT: Price-sensitive ASX Announcement for QUE
Current share price for QUE : $0.050 0 (0%)+
Announcement
Release
12 Aug 2026 6:50PM
Price at Release
$0.050
Full Release
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Summary
In July 2026, Queste Communications Ltd, along with its controlled entity Orion Equities Limited, reported a net operating cash inflow of $4,000, though they experienced a significant cash outflow of $817,000 from investing activities. The cash balance decreased from $3,810,000 at the start of the month to $2,984,000 at the end. The company holds a major stake in Orion Equities and has secured a loan facility of up to $450,000. The total market value of their liquid investments was reported to be over $2 million, demonstrating their capacity to support operational activities.
Key Points
  • Queste Communications Ltd and its controlled entity, Orion Equities Limited, presented their monthly cash flow report for July 2026.
  • The beginning balance of cash and cash equivalents for the consolidated entity was $3,810,000, ending at $2,984,000.
  • Net cash inflow from operating activities amounted to $4,000, while investing activities resulted in an outflow of $817,000.
  • No net cash was generated or used from financing activities during the month.
  • Queste has a significant shareholding in Orion Equities Limited, with 59.86% interest.
  • The company received a loan facility of up to $450,000 from Orion Equities, unsecured and maturing on December 31, 2026, with an interest rate of 10% per annum.
  • The total liquid assets, including investments, amounted to $1,654,048 for Queste and $476,165 for Orion Equities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.