RE:RE:What’s up??Agreed. It might explain yesterday's drop of 8.5%, not today's of more than 20%. I've checked the debt convenants for Senior Secured Credit Facilities, which requires a Net Leverage Ratio of not more than 6.75 times as of September 30th, 2018, a reduction from previoius requirement of 7.25 times. As of March 31st, DHX reported its NLR at 5.67 times. I didn't consider NLR a factor given where it stood at the end of last quarter, but I'm beginning to wonder now.
I also checked for short sellers' reports. Nothing from the sites I follow.
So, I don't know why the drop should be so dramatic this far ahead of earnings. ITG, Canaccord and Anonymous are the high net sellers.