What's Driving Queste Communications (ASX:QUE) Shares Higher Today?

Sonal Goyal

05 November 2026 01:01 PM AEDT

What's Driving Queste Communications (ASX:QUE) Shares Higher Today?

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Key Highlights

Queste Communications shares were priced at $0.028 during the 5 November 2026 trading session, up 27.27%.
The latest quarterly activities report, dated 6 October 2026, covers the quarter ended 30 September 2026.
Queste holds 9,367,653 shares in Orion Equities, or 59.86% of its issued capital, and consolidates Orion in its results.

Queste Communications Ltd (ASX:QUE) shares were priced at $0.028 during the Trading session on 5 November 2026, up 27.27%. The S&P/ASX 200 was up 1.88%, or 166.10 points, at 9,000.60 at around 12:15 pm Sydney time, so the broader market was also trading higher during the session. Queste is a Holding Company whose main asset is its controlling interest in ASX-listed Orion Equities Limited (ASX:OEQ). Its most recent update is the quarterly activities report dated 6 October 2026, which covers the three months to 30 September 2026.

Latest Development: Quarterly Activities Report (6 October 2026)

In its quarterly activities report dated 6 October 2026, Queste said it held 9,367,653 shares in Orion, being 59.86% of Orion's issued ordinary share capital. This holding was unchanged from 30 June 2026. Orion has been treated as a controlled entity and included in the Queste consolidated results since 1 July 2002.

The report is provided under ASX Listing Rule 4.7C and includes a separate Appendix 4C Cash Flow report for the company alone and for its consolidated group, which separates Queste's own cash flows from those of Orion.

Sector Context

The information technology sector led the sector breakdown for the session, up 7.96%, with technology names prominent among the session's gainers. Queste's results are driven mainly by its consolidated interest in Orion, so the company's share price is closely linked to the performance of that listed holding.

What to Watch Ahead

The next Quarterly Report is the main scheduled update. Investors may also track any change in Queste's shareholding in Orion, which would be disclosed to the ASX.

Key Risks

Queste's position depends heavily on its controlling stake in Orion, so developments at Orion flow through to the group. The company's shares are low-priced and can move sharply on small volumes. A quarterly report describes a past period and may not reflect current conditions.

Final Word

Queste's shares rose in the session, and the company's most recent report confirms its holding in Orion. The next quarterly report will provide an updated view of the group's cash position and activities.

FAQs

Q: How did Queste Communications shares trade on 5 November 2026?

A: Queste shares were priced at $0.028 during the trading session, up 27.27%, while the S&P/ASX 200 was also up at midday.

Q: What does Queste own?

A: Queste holds 9,367,653 shares in Orion Equities, equal to 59.86% of Orion's issued ordinary share capital, as stated in its report dated 6 October 2026.

Q: When was the latest quarterly report released?

A: The quarterly activities report is dated 6 October 2026 and covers the quarter ended 30 September 2026.

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