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Victoria accounts out: a reader dissects, this is still a car crash and a zero waiting to happen

Tom Winnifrith
Thursday 18 September 2025
Accounts for the Victoria (VCP) carpets roll up are now up at Companies House and a kind reader sends me a detailed analysis. I cannot say I disagree with a word and the fact that the bonds now trade at sub 24 cents in the dollar tells you the equity is worthless. It is when not if the shares go to zero. The reader writes:

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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