A company has issued 9 million ordinary shares. The company has just paid a dividend of $4.4 million. That dividend is expected to grow at a rate of 27 percent per annum for the next two years, then at a rate of 17 percent in the following next three years and at a rate of 4.31 percent per annum forever after that. Assuming a required rate of return of 13.82 percent, calculate the intrinsic value of the share.