Can any one out there give me some advice?Im very new to share...

Can any one out there give me some advice?

Im very new to share trading and purchased some GGP shares a couple of months ago at 5.2 cents. Firstly am I right that its in my best interest to buy in to my entitled to the 1 for 1.69 share issue because the share price has already been diluted with the new issues?

If this is correct I would like to exercise my entitlement to the issue of 1 for 1.69 shares at 3.5 cents with the 1 for 2 options but do not have any more money to invest in the sharemarket at the moment. Am I still entitled to the 1 for 1.69 issue on my 72000 shares that I owned on Ex date (9 September) if I sell 31062 at 4.8 cents today to cover the costs?

Macca