Unclear if it is a majority of a minority; but it is possible, but perhaps likely.
According to ABC, the Liberals are on 12 seats, compared to 7 for Labor, and 2 for the Greens. There are 4 seats in doubt.
Most seats have a party winner; even if a few don't have a specific MP that has won.
Lyons has elected 3 Liberals and 2 Labor members; Braddon has also elected 3 Liberals, and 2 Labor members; while Franklin has elected 2 Liberals, 2 Labor members, and 1 Green. All of these match the results last election.
Bass has elected 3 Liberals, as they did last time, and 1 Labor member. Labor could end up with 2 as they did last time, or, the final seat may go Green.
Clark meanwhile is where the attention is. 2 Liberals have won seats, as well as 1 Labor member and 1 Green. Labour also took a 2nd seat last time, back when the seat was known as Denison, however, they will not be winning a 2nd seat this time. This seat has been the site of much drama.
The speaker, who holds a seat here, quit as a Liberal after being told she would not be allowed to run again as a Liberal candidate. This was counter-balanced by a former Labor member, who lost in 2018 but won a countback (after a member retired) and re-entered the assembly as an Independent. She has since crossed to the Liberals. She is one of the two Liberals could take the final seat. The other contender is an Independent, Kristie Johnston. She may have benefited from the chaos in this seat, and her electorally successful terms in municipal politics. She could take the seat; and if she does, she would be the first Independent to win a seat since 1996, back when Tasmania had 7 seats per division (vs the current 5). This would be a feat, as, previous to 1996, the last win was in 1982, and before that, 1959 when two Independents won seats. Independent victories were more common prior to this. Still, there have been 20 Independents, total, elected since the 1909 adoption of proportional representation.
Regardless, the Liberals are likely to hold on to power, but may have to do so in a minority situation.