Overview of Queste Communications Ltd's November 2023 cash flow report

Queste Communications Ltd (ASX:$QUE) has released its monthly cash flow report for November 2023. The report includes the cash position, investments, and financing activities of the company and its controlled entity, Orion Equities Limited. As of the month ended 30 November 2023, Queste Communications Ltd holds a 59.86% interest in ASX listed investment company, Orion Equities Limited, which is considered a controlled entity of Queste Communications Ltd.

Executive commentary on cash flow and financing activities

Yes, the Company has access to a loan facility and the Company/Consolidated Entity has investments in ASX-listed securities. The Company has the ability to draw cash funds under a loan facility and can realize cash funds from the sale of investments in ASX-listed securities. The Company/Consolidated Entity has significant investments in ASX-listed securities, which are regarded as liquid assets to supplement the Company/Consolidated Entity's cash reserves.

Summary of November 2023 cash flow report and outlook

Queste Communications Ltd's November 2023 monthly cash flow report provides insights into the company's cash position, investments, and financing activities. The report indicates that the company has access to a loan facility and holds significant investments in ASX-listed securities, which are considered liquid assets to supplement its cash reserves. This positions Queste Communications Ltd to continue its operations and meet its business objectives. The company's ability to draw cash funds under a loan facility and realize cash funds from the sale of investments in ASX-listed securities further strengthens its financial position. With a clear view of its cash flows and financing options, Queste Communications Ltd is well-prepared to navigate its operations and pursue its strategic goals in the coming months.