"fully powered" mean ON state, RESETBMCU does high on Figure 6 MMPF0100
STANDBY can not be sampled before SW2 goes high, because PMIC
should be in the ON state - this means that SW2 will be in normal state, high.
MMPF0100 Figure 8. State Diagram, Table 22. Standby Pin and Polarity Control
foot note 33 - The state of the STANDBY pin only has influence in On mode.