"Water/cement ratio is one of the important factors affecting the quantity of air. At very low water/cement ratio, water films on the cement will be insufficient to produce adequate foaming action. At intermediate water/cement ratio (viz. 0.4 to 0.6) abundant air bubbles will be produced. But at a higher water/cement ratio although to start with, a large amount of air entrainment is produced, a large proportion of the bubbles will be lost progressively with time."
January 1, 1970
https://en.wikiquote.org/wiki/Foam_concrete