Why on earth would you buy now when you have repeatedly stated your opinion that PON will halve and drop back to US $10/lb? And weren't you preaching about 60c?
Me thinks you have been on the kitcometals website tonight and saw PON up so decided to hedge your bet and tell us you "bought" 50%. That way the SP can move either way and you can't be wrong. Maybe you are not as silly as others make you out to be :-)