Daily Brief Australia: Pro Medicus Ltd, Paladin Energy and more

• With 2 days left to review cutoff, there could be 1 inclusion and 3 deletions for the index at the September rebalance.
• Even if there are no constituent changes, capping changes will lead to one-way turnover of 4.4% and a round-trip trade of A$212m.
• The final list of inclusions/exclusions will depend on price movements till Friday and whether the index provider makes any significant changes to the free float of stocks in the universe.

• Paladin and Fission uranium corp are in the process of trying to lock in a script merger
• The date of the Paladin Fission scheme vote has been extended to September 9
• Two thirds of votes cast in favor are needed for the merger to proceed

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