Freedom Foods Group made a dramatic return to the ASX on Monday as investors rushed for the exit, with the company’s shares now valued at a fraction of their value before accounting irregularities were uncovered nine months ago.

Shares in the maker of UHT milk and plant-based drinks fell 82.4 per cent to just 53¢, sinking its market capitalisation to about $146 million, from $834 million, when it last traded on June 24 at $3.01 per share.