Here is one company where the effect of the GST will show up in the
chart.
Angus & Coote (ANC) chart is interesting in that the chart shows
increased
volume on the weekly chart for the 8th of September, higher than it has
been for the last few years (keeping in mind that this chart is thinly
traded).
Interesting to note an article in the BRW in November states that sales
are
ahead of budget since the GST has been introduced.
Sales tax on Jewellery and watches was between 22% to 32%, now there is
only the GST @ 10%.
I am sure our subscribers are not surprised that this article in the BRW
on
the 17th of November has called the high on this stock at time of
writing.
Please do note again, this stock is thinly traded, but is included here
to
show that ultimately, what drives stock prices is earnings.