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Added to YB: 2026-07-29

Pitch date: 2026-07-27

PYP3.L [neutral]

Leverage Shares 3X Paypal ETP

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2026 H1 Portfolio Review | Leverage Shares 3x PayPal ETP Securities

PYP3.L (holding update): 3x leveraged PayPal ETP, small volatile position sized carefully vs conviction. PYPL cheap but can stay cheap given modest growth & intense competition. Board rejected Stripe/Advent $60.50/sh takeover as too low; speculative chance of improved bid in high-$70s/low-$80s.

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