So to clarify, we are getting the chance (right) to buy 8 new...

So to clarify, we are getting the chance (right) to buy 8 new shares at 5c for every 5 shares we own. I hold 236,000 odd shares and am down around 85-90% (ouch). I don't want to put "fresh money" into AHQ as I bought more on the way down and only got screwed over more, but am happy to let the current 14K worth stay in the stock.

In order to exercise the rights at 5c, we do this via your broker/AHQ's share registry? So then why is Commsec and Stake Super showing AHQR (rights - applications close 24-oct-2022 deferred) in my account? It's showing the correct amount of available units however why are they tradable? They are 100% as of today... from 1c to 2c. I don't fully understand how they are trading at 1c-2c if they are being offered at 5c?

Is it a wash sale (not allowed as a tax loss) to sell your shares and redeem (buy) the rights at 5c?

Any clarity would be great - thank you