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Servtech sold its rent roll business in September.

Servtech to raise $1m and revamp board

Recently listed tech company Servtech Global Holdings has announced a capital raising of up to $1 million, through a convertible loan facility, and a board revamp as the company seeks to overcome sluggish revenue growth.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
196thOrion Equities15%-4%
239thServtech Global Holdings6%
426thSmart Marine Systems-19%
450thOpenDNA-22%
723rdNanollose-64%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

154th↓Servtech Global Holdings$470k
163rd↑Smart Marine Systems$139k
164th↑Orion Equities$132k
166th↑OpenDNA$119k
167th↑Nanollose$117k
197 listed industrial companies ranked by revenue.
Source: Morningstar

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