I am fairly new to share trading and picked up this stock on a...

I am fairly new to share trading and picked up this stock on a tip from a friend. In regards to picking up extra shares through the rights issue, are you able to trade these extra shares when you receive them? And how long until your allowed to trade them if you are?

I'm not considering trading them as I believe the market will get onto this share eventually due to the fact that this company has great potential. If it can move to include betting on other live sports etc as well then that would be great. Hopefully the punters go nuts in the next few weeks now that spring racing carnival is upon us.