Consider a company that is forecasted to generate free cash flows of $27 million next year and $28 million the year after. After that, cash flows are projected to grow at a stable rate in perpetuity. The company's cost of capital is 10.3%. The company has $54 million in debt, $12 million of cash, and 22 million shares outstanding. Using an exit multiple for the company's free cash flows (EV/FCFF) of 11, how much is each share worth? Round to one decimal place.