> - The domains you've mentioned are registered to AUSTRALIAN STYLE IP PTY
> LTD, which does have a common director and premises to that of our Registrar
> companies.

No doubt, the shareholders are probably either the same director's, or
Australian Style.

> - The domains were not registered for the purpose of speculation or
> monetisation, and the Registrant is eligible to licence them.

Australian Style registered them for what purpose then?
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