PALADIN ENERGY LTD ORD

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF

**$PALAF** (**$PDN** on Australian stock exchange) is a jr uranium miner.
![image](https://cdn.commonstock.com/af893e047fe7de836c559db4c0327c43e5bda81c23cc0b2c0f550df6e4537c41-1336x814.png)
Australian stock exchange rebalancing occurs after the market closes on the third Friday of September.

The market is notified two weeks prior to all upcoming constituent changes two in September.

I believe **$PDN** will be announced as being added to ASX indexes this Friday


If this is the case, expect **$PDN** to squeeze to a 52 week high over the next 3 weeks as the ASX index funds are forced to buy its shares.

I own a good chunk of shares and will add more

Interesting idea- to dig a little further, I pulled up the ASX Australian Indices
Methodology (linked below). My one concern is that in order to be included in most of the ASX indicies, the security in question should be "highly-liquid ASX-listed securities."

PDN had an average 3 month daily volume of **0.02 MM**
So one of the risks to take into account is whether PDN is liquid enough to be included.

I like the idea though @y4l.investing- are there any other reasons in support of why you think PDN will be added to ASX indexes?

[https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-asx-australian-indices.pdf](https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-asx-australian-indices.pdf)

Chris Tolvkin

$PDN squeeze?

This member connected a brokerage account and is sharing trades and portfolio performance with the community. 