If all investors go to the secondary market and reinvest the dividends in the shares, that does not restore the cash in the balance sheet of the company, hence the theoretical real value of the company is different before the dividends. (money.stackexchange.com)
I thought the move was largely over, and was eager to invest in other areas, but I neglected to check the real value of the company's earnings potential and equity in relation to the market capitalization. (betterstockideas.com)
Also a company's share price may decrease overtime while this dearth of knowledge about the real value of the company takes time to come to the fore. (financialtrading.com)