Consider a company thats projected to generate revenues of $240 million next year with an operating margin of 62%. The companys tax rate is expected to be 18% and it is projected to have a reinvestment rate of 38%. After that, the company is expected to start growing its free cash flows at a stable rate of 2.3% in perpetuity (terminal phase starts after year 1). The company's cost of capital is 13.2%. It has $50 million of debt and $10 million in cash. There are 14 million shares outstanding. How much is each share worth based on these projections? Round to one decimal place.