A company has issued $9$ million ordinary shares. The company has just paid a dividend of $$5\mathrm{.}2$ million. That dividend is expected to grow at $21$ percent per annum for the next two years, afterward at $15$ percent for three years, and then at a rate of $4\mathrm{.}90$ percent per annum to continue forever.

Calculate the intrinsic value of the share assuming a required rate of return of $12\mathrm{.}65$ percent.