SRX Global is trading 10% up today at $2.42 as investors react to a newly authorized share repurchase plan and a preliminary net asset value (NAV) of approximately $3.07 per share.
- The preliminary NAV sits significantly above the current trading price, signaling potential undervaluation to the market.
- The move follows several corporate milestones, including the EMJX acquisition and a 1-for-60 reverse split effective July 6, 2026.
- Management has scheduled a virtual fireside chat and the release of a shareholder letter for July 14 to provide further updates.