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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 31/08/18

1 year TSR5 year TSR
181stBARD1 Life Sciences45%-11%
285thMGC Pharmaceuticals22%23%
585thPainChek-24%-24%
834thServtech Global Holdings-82%0%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

185th↑PainChek$434k
186th-Servtech Global Holdings$430k
188th↓MGC Pharmaceuticals$403k
189th↑BARD1 Life Sciences$365k
237 listed industrial companies ranked by revenue.
Source: Morningstar

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