A company is projected to have a free cash flow of $357 million next year, growing at a 5.4% rate until the end of year 3. After that, cash flows are expected to grow at a stable rate of 2.3%. The company's cost of capital is 12.6%. The company owes $79 million to lenders and has $16 million in cash. If it has 229 million shares outstanding, what is your estimate for its stock price? Round to one decimal place.