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MIFA: Slip Sliding

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SANGERSHAUSEN, Germany (August 17) – German bike manufacturer MIFA has as yet not been successful with it’s public venture. The German DAX stock exchange has seen the company slide away from it’s initial € 9.92 on April 19 to a current € 7.37. This means a 23.07% slip of the shares. The original aim was […]

SANGERSHAUSEN, Germany (August 17) – German bike manufacturer MIFA has as yet not been successful with it’s public venture. The German DAX stock exchange has seen the company slide away from it’s initial € 9.92 on April 19 to a current € 7.37. This means a 23.07% slip of the shares. The original aim was to generate more workable capital for the company, but the initial results do not point in that direction. On the other hand, when very successful Accell first went public, there first results were not too brilliant either. (MH)

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