Ann: Rights Issue, page-25

"Under the offer, eligible shareholders will be offered two (2) New Shares for every five(5) shares held at 5.00pm (EST) on Thursday, 11 March 2021 (“Record Date”). For everytwo (2) New Shares issued, investors will receive one (1) free attaching New Option withan exercise price of $0.18 and a term of two years from the date of issue. The Companywill apply for the New Shares and New Options to be quoted on the ASX. The rights issueprice represents a discount of 26% to the Company’s 30 day VWAP of 10.16 cents."

How does this work? So, if someone is currently holding 100,000 shares, they will be offered 40,000 shares at a price of 7.5 cents on this Thursday at 5pm? How do you get notified of the offer? Is it through your broker or atomic?

"Rights to start trading from Wednesday, 10 March 2021"
I am a little confused. So, will the new shares be ready for trading on this Wednesday or Friday; since the new share offer will be at 5pm on this Thursday?