Cork Bottlers has 95 million shares outstanding and expects earnings at the end of this year of $43 million. Cork plans to pay out 30% of its earnings as a dividend and 10% of its earnings through share repurchases. The firm has an equity cost of capital of 13%. If Tarmac' earnings are expected to grow by 9.0% per year and these payout rates remain constant, what is Tarmac's share price? Round to 2 decimal places