TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Magontec Limited ( (AU:MGL) ) just unveiled an announcement.
Magontec Limited, a company involved in the production and distribution of magnesium alloys and related products, held its 2025 Extraordinary General Meeting where all proposed resolutions were approved by a poll. Key resolutions included the approval of a Memorandum of Settlement between Magontec and QSLM and a selective buy-back from QSLM, reflecting a strong consensus among stakeholders and potentially enhancing the company’s strategic and financial positioning.
More about Magontec Limited
YTD Price Performance: 11.11%
Average Trading Volume: 10,063
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.93M
For detailed information about MGL stock, go to TipRanks’ Stock Analysis page.

