Must be feeling confident20 Mar 2019 09:24
all round if he's (JW) splashing the cash. We've seen that JW is tight - now he's just laid out $19m, AMER's biggest acquisition to date. He wouldn't do that if he wasn't sure of the block's potential and secondly, and perhaps more importantly, of AMER's position in general. That is to say, if he had worries about cash flow and CAPEX expenditure, and other issues, I doubt he would be laying out such a large proportion of AMER's kitty. JW is clearly in a confident mood all round about the future of AMER, and wants to see the value of his shares appreciate, along with ours