Bad luck for FTT... there seems to be a persistent seller at 5.5c. That million dollar share overhang from the cap raise was always going to be a concern. Even though the cap raise settled midMay, it would have been hard to offload it all since then into FTT’s tiny volume trading.
Also, maybe other participants in the cap raise are now happy to grab a 30 % price jump by selling into any buying strength.