Aurora Labs debuts on ASX

3D printing firm Aurora Labs has wrapped up its first day of trading on the ASX, after raising $2.8 million in its initial public offering.

Bibra Lake-based Aurora opened the day at 54 cents a share, and fell as low as 44 cents before regaining some ground to close at 49.5 cents each.

It was a welcome debut for investors who participated in the IPO, with the offer of 14 million shares snapped up for 20 cents each.

The IPO was managed by Alto Capital.

Aurora has developed its innovative 3D metal printing technologies, and is led by co-founder and managing director David Budge and executive director John N Henry.