Horrible mistakes but the below quote perhaps highlights what a strong company this is - at the right price it makes sense:

Chairman Joe Longo has pledged the confidence of the Australian Securities and Investments Commission into the ability of market operator ASX to run the bourse.

“We have confidence in the ASX to run public markets,” Mr Longo said at a press conference in Melbourne on Monday. “Can I just stress to everybody that the ASX is an absolutely key feature of our economy.”

The comments come after ASIC warned the ASX on the mishandling of the CHESS replacement scheme. “What we are expecting is an urgent remediation of these issues… at the moment, we have a way to go.”

Private markets coming for the ASX - interested to see Australia has held up despite the commentary.

Seems like speculation every day at the moment but some have played out.

"It’s been more down than up for the ASX in the last few years. That’s not the index, but the market operator, which seriously bungled the roll-out of a crucial upgrade of clearance and settlement systems, resulting in more than casual regulatory scrutiny.

That, and generally poor conditions for new listings since the COVID-19 pandemic, have resulted in a weak share price. Over five years, in fact, it’s down some 14 per cent.

But ASX Limited is still attractive to someone, it seems. Street Talk can reveal a consortium of superannuation funds, including industry giants and major shareholders AustralianSuper and UniSuper, seriously considered lobbing a takeover bid only late last year." per AFR