At a guess, I would say most of the punters ( at the lower end...

At a guess, I would say most of the punters ( at the lower end of the spectrum) would have around the 100k of shares.
My deductive reasoning for this is that our SP has been sub ten cents for most of the last 5 years and the dabblers or those that set aside a bit of their equity for a highish risk punt in the junior section would probably have $5-10k for this type of fun.
Those of us that have been around, for a while, know that there are some who make those who hold a million shares look like paupers ( tip of my hat to you’se lot of ‘ard core punters).

After reading many post over the years, I’ve found no correlation between amounts invested/quality of posts.
In fact, some of the best/highest quality posters hold the smaller amounts of shares.
As a generalisation, a keen investor who can only justify buying a smallish number should possibly be much more realistic in their thought processes than a bigger hitter who can throw in 1-3-800k of their hard earned into a sub ten cent junior and hang on for the ride.

Numbers, statistics, cheap crystal balls and the like are flimsy tools in trying to gauge who knows there stuff, who’s an imbecile ( mark me down in that category ) or who’s a clever Dick, that is worth listening too on HC.

We’re all individuals and we all should think for ourselves ( I’ll resist the echo).
My advice ( to anyone, if they want it) is dyor and make sure you are comfortable/happy with your own strategy in any investment.

PS The only hints to how reliable any poster’s musings are, I believe, is the number of posts that they have made, length of time that they have been posting on the stock or the numbers of thumbs that they have.
Even though these indicators can be as flimsy as a wet tissue, most of the time.