There have been many disasters, frauds, collapses that caused untold sums of losses for mum/dad investors. The capitalist system needed/needs preservation.
Rules and regulations are therefore put into place for the purpose of investor protection of sorts.
The ASX is there to look after these rules/regulations. They are not their to look after small investors. The benefits us small investors get from the whole setup is a secondary result.
There are many singularities in the market place. Enhancement of the rules/regulations are for the sake of rules and regulations, not for you and me.
Listed companies with a Chinese background have been targeted from some time ago, probably concurrent with Australia's turning cold/hostile toward China.
Animoca been a HK company most likely played a part.
The world is not as simple, but the world is not very complex either. it all depends on where/how you are looking at it.
We live in a capitalist society with capitalist rules. IN the end, money talks!
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