Consider a company that is forecasted to generate free cash flows of $25 million next year and $27 million the year after. After that, cash flows are projected to grow at a stable rate of 1.8% in perpetuity. The company's cost of capital is 12.7%. The company has $51 million in debt, $16 million of cash, and 15 million shares outstanding. How much is each share worth? Round to one decimal place.