A company is projected to generate free cash flows of $400 million next year, growing at a 5.0% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 2.5%. The company's cost of capital is 11.5%. The company owes $225 million to lenders and has $30 million in cash. If it has 150 million shares outstanding, what is your estimate for its share value? Round to one decimal place.