A Melbourne tech firm in the midst of investigating where a missing $30mn went has resumed trading from a six-week hiatus to plummet to its lowest share price in 10 years.
Cloud-based telco call recording firm Dubber has been rocked in recent months, as its co-founder and chief executive was stood down and then sacked after $30m in a third-party term deposit went missing.
The company went into a trading halt in late February at $0.135. The stock resumed trading on Wednesday but closed at $0.061.
The drop represents about $42.3m being wiped from the company’s value.
Sky News business editor Ross Greenwood called it “one of the worst share price falls in the history of the ASX”.
Founder and chief executive of Melbourne call recording software company D...
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