I agree with you SEEK is RED HOT-It is not a good idea for one to put 5 million on the ASK at the same time, to save what?? 9.99 commission. Putting 1 million or 5 million on the bid at the same time will end up costing you way more than $9.99. E.g 5 million on ASK at 0.007 could cause a stall delay of your sale and someone else could put his or her ASK at 0.0068, do the math 5 million shares X 0.0002= $1,000. So think investors. It smarter to break it up into 6 just under a million to get a fare price for your precious shares.
Think about it $1000 decline in profits or pay $9.99 or $49.95 more commission.
NOTE: I do realize in most instances it's just MM's playing games.