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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

Total Shareholder Return as at 29/12/17

1 year TSR5 year TSR
thServtech Global Holdings0%0%
36thThreat Protect Australia500%-28%
388thAspermont11%-31%
505thCVCheck-4%0%
681stGlobal Health-39%147%
696 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

81st-Threat Protect Australia$12.9m
82nd↓Aspermont$11.7m
83rd-Servtech Global Holdings$10.7m
84th↑CVCheck$10.5m
85th↑Global Health$10.3m
234 listed industrial companies ranked by revenue.
Source: Morningstar

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