@stan255,
The only occupancy data that is periodically available is the number of full sessions/days (as per @Islay’s post above). That suggests there is still ongoing softness in the sector, but there is not enough information to work out what the current occupancy rate is.
In absence of other news, today’s selloff appears to be entirely driven by Canaccord’s re-rating, the rationale for which I personally find unconvincing.
Before any earnings update, my working assumption is still 30c EPS for FY2019, which gives a forward PE of just over 11x at current price. That looks like a very undemanding valuation to me, for the largest Australian operator in a highly durable sector such as childcare, therefore I see this as a buying opportunity and am adding to my position at current levels.
(20min delay)