Can't drag component if there is some space on top/left with Mode Absolute

Given the following code example...

<div style="height: 100px;">
  Some Space on top or left
</div>
<div id="gjs">
  <p style="padding: 25px">
    Hesdllo World!!!</p>
</div>

editor.getModel().set('dmode', 'absolute');

Results in no ability to drag and drop elements to correct position using drag icon on the panel.

See Fiddle for demonstration...

https://jsfiddle.net/niisar/zc51gtnv/