Consider a company thats projected to generate revenues of $180 million next year with an operating margin of 36%. The companys tax rate is expected to be 21% and it is projected to have a reinvestment rate of 42%. After that, the company is expected to start growing its free cash flows at a stable rate of 2.5% in perpetuity (terminal phase starts after year 1). The company's cost of capital is 9.3%. It has $42 million of debt and $11 million in cash. There are 13 million shares outstanding. How much is each share worth based on these projections? Round to one decimal place.