THE Liberals are on track to win more seats than Labor in the ACT Legislative Assembly but may not be able to form government.
With more than half the vote counted, the Liberals have won 38.6 per cent, gaining a swing of 7 per cent.
Labor's vote has held steady, also at 38.6 per cent while the Greens have garnered 10.8 per cent.
If that trend continues the Liberals could win eight seats - up two - Labor seven and the Greens two - down two.
However the Greens leader Meredith Hunter is in a tight race with Summernats car festival founder Chic Henry, running for the Australian Motorists Party, which could leave the minor party with just one seat.
Across the territory, the Greens have suffered a 4.8 per cent rebuff from the 2008 election.
However, Green MLA Shane Rattenbury said most of the early voting came from pre-polls and he expected the party's vote to lift when more of the votes from Saturday were counted.
Liberals have been saying the Greens should heed the signal the electorate sent in negotiating which party they would support to form government.
"Should we get eight seats we have a very strong case for government," Liberal MLA Jeremy Hanson said.
Liberal leader Zed Seselja repeatedly has said he would not be offering the Greens a ministry position, which he did in 2008.
But he has shied away from questions on whether or not he would negotiate with them at all.
Mr Rattenbury said the Greens weren't interested in "baubles" like ministries, they wanted good policy outcomes.
"So far Zed's been the one that's said he didn't want to work with us," he said.
The Greens consistently have said they would wait and see the final results before starting any negotiations.
Greens MLA Caroline Le Couteur said her party had worked with the conservatives during the past term.
"The Greens have done deals with the Libs in the past," she said.
"We'd hope to talk to Zed Seselja."
Chief Minister Katy Gallagher earlier on Saturday said she wouldn't rule anything in or out.
But she did highlight her responsibility for maintaining the parliamentary agreement between Labor and the Greens over the past four years.
"I have shown that I can work with Greens," she told reporters in Canberra.
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