As the incumbent, TSE are way ahead of any other companies that have put forward a tender application. Governments and government institutions will favour the incumbent almost every time, unless they've not fulled the terms of the contract, or the incumbent has increased their costs massively since the last contract.
I think the contract will be renewed and that the only reason for the delay is a negotiation around specifics before it is signed off on. The market seems to think so as well - up again today after tough conditions on the market.
DYOR, above is my opinion only.
TSE Price at posting:
$1.03 Sentiment: Hold Disclosure: Held
