You are trying to value a company using the relative valuation approach. Suppose comparable companies are trading at an average trailing EV/EBITDA multiple of 8.7. The company you are valuing generated an EBITDA of $221 million over the last twelve months, has $536 million of debt, $36 million in cash, and 18 million shares outstanding. What is the company's implied share price? Round to one decimal place.