Where is MRM going?, page-177

IMO,vessels can be used around 25 years.
So deppreciation amonts should be around $40m(=$1000m/25years).Assuming NTA for vessels is $1000m.
So EBITDA $80m-$40m=$40m(expected EBIT)
$40m-$20m(estimated interests)=$20m.
$20mx0.7=$14m(estimated PAT)
$14m/400m shares=3.5c per share.
MRM should sell unutilised vessels and try to sell businesses for shareholders.
Because share price is smashed according to earning per share only and is not reflected the assets value.
Shame on ASX.