Expectation management

In last night's EOS update the board was reconfirming the expectation that shareholders can expect by 31 Dec 19(just on 18 months from now) the share price will have hit on at least 30 occasions in a 12 month period $4.50, they go onto advise that by 31 Dec 21 the share price will have hit $7.50.

Big news is hopefully not to faraway?

"TRANCHE A (applies to 50% of the total number of Shares to be issued to Directors) Measures and hurdles Vesting period Vested Shares can be sold after: (i) EBIT of $5m for 12 months ending 31 December 2018; and (ii) a Share Price Hurdle of $4.50 by 31 December 2019 (this hurdle must be reached on at least 30 trading days, not necessarily consecutive, by 31 December 2019) The period of 2 calendar years ending 31 December 2019 30 June 2020 (25% of Vested Shares) 30 September 2020 (50% of Vested Shares) 31 December 2020 (75% of Vested Shares) 31 March 2021 (100% of Vested Shares)

TRANCHE B (applies to 50% of the total number of Shares to be issued to Directors) Measures and hurdles Vesting period Vested Shares can be sold after: (i) EBIT of $15m for 12 months ending 31 December 2019; and (ii) a Share Price Hurdle of $7.50 by 31 December 2021 (this hurdle must be reached on at least 30 trading days, not necessarily consecutive, by 31 December 2021) The period of 4 calendar years ending 31 December 2021 30 June 2022 (25% of Vested Shares) 30 September 2022 (50% of Vested Shares) 31 December 2022 (75% of Vested Shares) 31 March 2023 (100% of Vested Shares)"