I was trying to display the text a bit lower because in default its directly in the middle of the frame. I use other mods to display buffs / heals on the other half and with bigger frames those are overlapping with lost-health text.
I tried: statusText:SetPoint("CENTER", 0, -10)
but that doesnt seem to work at all.
It seems the text is always locked to the middle of the frame. Any suggestions?