NOR market cap....

since there are so many inaccurately reported figures about NOR's market cap it's time to set the record straight during this ramp-fest:

and by the way, the correct way to calculate Market Cap is by using the fully diluted share register not simply the FPO's - otherwise known as 'outstanding shares'.


from Investopedia:
DEFINITION of 'Outstanding Shares'
Outstanding shares refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders. Outstanding shares are shown on a company’s balance sheet under the heading “Capital Stock.” The number of outstanding shares is used in calculating key metrics such as a company’s market capitalization, as well as its earnings per share (EPS) and cash flow per share (CFPS).


from NOR's latest 3B:

774,859,598 - fully paid ords
223,224,559 - additional shares in escrow (I didn't know about that one!)
78,869,761   -  class A performance shares
78,869,761   -  class B performance shares
26,970,401  -  unlisted options

Total= 1,182,793,780 fully diluted

Market cap= total *sp= $108,817,028

(so no more talk about NOR market cap being $50m.)