How to buy shares of Magontec (MGL.AX) Tutorial in english


Magontec Limited, together with its subsidiaries, researches, develops, manufactures and sells generic and specialty magnesium alloys in Asia, Europe, America and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products such as HyTonic anodes, Correx impressed current systems, CorroScout measurement systems and S-Patron intelligent measurement and control systems. CCP products are used in water storage containers. It also recycles magnesium alloys. The company was previously known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. Magontec Limited was founded in 1953 and is based in Potts Point, Australia.

How to buy shares of Magontec (MGL.AX) Tutorial in Spanish

Are you interested in buying Magontec (MGL.AX) shares on ASX risk-free and through a regulated and recognized broker? Would you like to be able to monetize your monthly benefits and earn interest on the stock market? In this tutorial I am going to show you how you can register with DeGiro , a regulated investment broker with low commissions, and how you can buy your first share of Magontec Limited (MGL.AX) (MGL.AX) quickly. and easy.

The process is easy to follow :

  • First of all, we are going to register in DeGiro, an investment platform where we can buy shares of the company Magontec Limited (MGL.AX) – (MGL.AX).
  • In 2nd place we will transfer capital to execute the 1st investment.
  • Once we have the funds, we will proceed to search for the Magontec company looking for its Ticker, which is MGL.AX.
  • To finish we will only have to indicate the number of shares that we are going to obtain, purchase value and type of order.

You may have found the tutorial essential, so I’m going to summarize the procedure with images of each part:

How to sign up for Degiro

First we are going to register in DeGiro through this link :

buy shares of Magontec Limited (MGL.AX)

It will ask us for an e-mail, a username and a pin code to access, and then we will continue with the link that they have sent us by mail.

Immediately Degiro will request information of interest with which they will verify our identity . We will need to have on hand the passport, ID or driving document, the telephone number and the number of the bank account that we are going to use to make our first deposit in IBAN format. If you don’t know how this format is, you can check this simple tutorial article that we write from .

stock Magontec

Once our account is confirmed, we can enter money from the Deposit/Withdraw tab. We have the possibility of being able to make a bank transfer that will take 2-3 days, or make the deposit quickly thanks to Sofort, a truly secure and very reliable payment gateway.

deposit money Magontec

How to buy Magontec (MGL.AX) shares through Degiro

Once we have the money we have the possibility of getting our 1st share. You can select the “Place Order” button located in the right corner or use the spin finder and paste the ticker. In the next screenshot you will see that I have used the Amazon ticker but in your case you have to put (MGL.AX), the Magontec ticker. Since we are talking about an action, we will see that the related tickers are listed and there we will discover to find Magontec. The essential thing is that the ticker, the name of the company and the market in which it is listed coincide. Amazon is listed on Nasdaq (NDQ) and in your case Magontec Limited (MGL.AX) is listed on ASX. This step is essential so make no mistake.

nasdaq magontec american stock market

When developing the order we must pay special attention to the following . We may proceed to place a limit or market order. Imagine that you want to get a share of Magontec, but its current price is quite high. With this limit order we will put the value at which we calculate to execute the operation and until there are no shares selling at this value, the purchase of the share will not be executed. With a Degiro market order you will buy the number of shares that we have indicated at the actual selling price, which will be very similar to today’s trading price.

stock limit order Magontec Limited (MGL.AX)

In both cases it is very convenient that you look at the type of organization: fixed or of the day . To serve as an example, in Spain, the stock market is in the morning and until 1:00 p.m., and in the USA it corresponds to the afternoon schedule in Spain. If an order is permanent, it will be there until it is executed, but if you prefer the “of the day” option, at the end of the day, if it has not been executed, it will be removed from your Activity file – Orders in process.

I want this detailed text to have served you to invest in Magontec.

  Company information
  • Magontec Limited (MGL.AX) Address: 46A Macleay Street Suite 1.03 Potts Point, NSW 2011 Australia 61 2 8084 7813 – Website:
  • Ticker: MGL.AX
  • Industry: Unknown
  • Industry: Industrial Metals
  • Number of employees: 325
  • Listed Market: ASX

key executives

Name Title Salary exercised Year of birth
Mr. Nicholas William Andrews BE, B Ec. (Syd), MSDIA, MAICD Exec. President and CEO. 412.5k N/A 1957
Mr. Derryn Chin B.Com., CA, CFA, B Com (UNSW), CA, CFA CFO 230.86k N/A N/A
Mr. Christoph Klein-Schmeink Pres of Magontec Europe, North America and Middle East 378.15k N/A 1965
Mr. Xunyou Tong Pres of Magontec Asia 338.03k N/A 1971
Mr. Joel Forwood sleeve Investor Relations N/A N/A N/A
Mr. Patrick Mira VP of Fin. HR N/A N/A N/A
Mr. John David Talbot B Bus (Accg), CPA Company sec. N/A N/A 1946

Recent events of :

We have no recent events for this company.