NAVYGULF and other fellow holders (or should I say pawns)
I believe under dire circumstances you can apply to access some of your Super early - for example if you were in danger of losing your house.
I don't know of your exact circumstance but if you have borrowed against your NMS shareholding there's no point paying interest on the loan for the next 10 years if you can get access to the Super now, get rid of the debt, and work towards building your nest egg back up.
I'm sure there would be tax implications that need to be considered pulling super out early ie withdrawing now you may not get the benefit of leaving in super at 15% tax, but an accountant would be able to crunch the numbers and tell you which way to go.
Don't ask a "financial planner" - even your existing one - IMO as most of them will tell you whatever makes them the most money in the next 10 years, not what makes you the most amount of money in the next 10 years. Sorry to any good financial planners out there but my experiences with them have been nothing but them trying to bleed me of money with hidden fees and charges.
See an accountant ASAP.
Good luck when we relist guys but it ain't gonna be pretty.
NMS Price at posting:
8.4¢ Sentiment: Sell Disclosure: Held
