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ECL- ECat Trading Halt

  1. ECat announcement below. Anyone have any views on what might happen to their share price when the market reopens tomorrow??

    ECAT DEVELOPMENT CAPITAL LIMITED 2002-07-29 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    ASX MARKET RELEASE

    The securities of Ecat Development Capital Limited (the "Company")
    will be placed in pre-open at the request of the Company, pending the
    release of an announcement by the Company. Unless ASX decides
    otherwise, the securities will remain in pre-open until the earlier
    of the commencement of normal trading on Wednesday, 31 July 2002 or
    when the announcement is released to the market.

    Security Code: ECL

    J Hewitt
    COMPANIES ADVISOR


    TRADING HALT REQUEST

    The directors of ECAT Development Capital Limited ("ECAT") request
    that a trading halt be placed on the securities of the Company,
    pending the release of an announcement later today regarding the
    acquisition of the balance of shares in Clinical Cell Culture Pty Ltd
    ECAT does not currently own.

    If you have any queries, please do not hesitate to contact the
    undersigned.

    A Pismiris
    COMPANY SECRETARY

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