I'm not sure we want JHC to come out with a price - that just sets a ceiling - and besides they would need to pay for an independent valuation. FWIW, here is a DCF valuation by Simply Wall St. It pre-dates the budget so I would expect assumptions are conservative and the answer is somewhere north of $1.28.
https://au.finance.yahoo.com/news/investors-undervaluing-japara-healthcare-limited-184949791.html