Clay Cooperman has valued the operating assets of Johnson Extrusion at $ 720 million. The company also has short - term cash and securities with a market value of $ 60 million that are not needed for Johnson’s operations. The noncurrent investments have a book value of $ 30 million and a market value of $ 45 million. The company also has an overfunded pension plan, with plan assets of $ 210 million and plan liabilities of $ 170 million. Johnson Extrusion has $ 215 million of notes and bonds outstanding and 100 million outstanding shares. What is the value per share of Johnson Extrusion stock?