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MIFA: First Cut is the Deepest

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MAARSSEN, Netherlands (May 18) – German bicycle manufacturer MIFA has already claimed some success on the stock-exchange. After the shares were first put into circulation last week, the rates have already gone up: from initial € 9,25 to the present € 9,65 (18/05/04). The total value of the MIFA emission is € 14 million. For […]

MAARSSEN, Netherlands (May 18) – German bicycle manufacturer MIFA has already claimed some success on the stock-exchange. After the shares were first put into circulation last week, the rates have already gone up: from initial € 9,25 to the present € 9,65 (18/05/04). The total value of the MIFA emission is € 14 million. For German economy insiders this is also an indicator of the country’s recovering economy: it is the first company in two years time that manages a successful entry in the public arena…It is to be hoped that the classic MIFA slogan does not hold back the progress…”ein bisschen Blech, ein bisschen Draht und fertig ist dass MIFA Rad” (“a bit of sheet-metal, a bit of wire – and hey, presto your MIFA bike is ready”) It might be time to re-think that one…(MH)

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