Ann: Pioneer enters into Standstill Agreement with Carlyle Group, page-3

I think not, the fact is it is a stand still both ways, obviously Pioneer still have the right to seek court intervention and there were allegations made both ways, the forward forecast is to be cash generating in the positive, so the issue of the debt provided in dispute is not a insolvency issue yet. Also keeping in mind, if the DD done was even remotely better than a napkin valuation, then it was 6 x current value, surely someone sees a value at 30-70% of that, if that were the case even at 30% it is a 50% uplift on today.

Then add the Federal Governments new legislation that over COVID there is a 6 month stay on wind up notices and debt demands......