There’s nothing like a generational governance failure to convince a once-spurned board candidate that their chances of election are now greater than Buckley’s.

ASX chairman Damian Roche is in the exit lounge and the company as a whole is being sued by the Australian Securities and Investments Commission after allegedly misleading investors about the progress of the CHESS upgrade. The bourse’s failures to replace the ageing system with blockchain technology have been extensively charted in this newspaper.