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Servtech managing director Brett Quinn.

Servtech up on ASX debut

Property-focused software company Servtech Global Holdings has wrapped up its first day of trading on the ASX, after completing a $6 million initial public offering.

Perth-based Servtech raised the funds through the placement of 30 million shares at 20 cents per share.

At the close of trade today, its shares were worth 21 cents each.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
thServtech Global Holdings0%0%
34thThreat Protect Australia600%-21%
457thAspermont0%-32%
543rdCVCheck-12%0%
661stGlobal Health-33%45%
727 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
231 listed industrial companies ranked by revenue.
Source: Morningstar

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