Are you sure every announcement still has a direct cost to it?
It looks like from July 2022 the ASX has shifted to an annual flat fee that scales with the number of HIN's the issuer has. There were an number of separate per announcement fees that have been replaced by the subscription fee
https://asxonline.com/content/dam/asxonline/public/documents/schedule-of-fees/asx-issuer-services-schedule-of-fees.pdf
asx-issuer-services-schedule-of-fees.pdf (asxonline.com)![]()
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