A 3D roller coaster ride: Aurora Labs

David Budge is the CEO of Aurora Labs which is a 3D printing company that listed in August 2016. The company recently did a deal with WorleyParsons to sell parts and 3D printers to the mining and oil industry. Alan Kohler spoke to David to find out more.

David Budge is the CEO of Aurora Labs which is a 3D printing company that listed in August 2016.

The 20 cent shares came on at 90 cents, they popped up to $4, would you believe, by February 2017, but then collapsed back to a low of 35 cents. So, it’s been a really roller coaster ride for the shareholders and in particular those who came in when the shares were expensive at $3.50 or so because they raised $7m at $2.50 at the time and the people who came in at that point are probably hurting a bit. But just in the last month or so, the shares jumped up from 40 cents to 80 cents because of an announcement that the company made in September, which I’ll get David to talk about. 

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