1045 [Dow Jones] Shares in API (API.AU) up 6.7% at A$2.08, with...

1045 [Dow Jones] Shares in API (API.AU) up 6.7% at A$2.08, with large parcel of 7.9 million shares changing hands at A$1.93. API spokesman says "not aware of any information" that could be causing share spike. Cardiac Jolt, a company backed by high-profile Sydney lawyer and investor Chris Murphy, according to AFR last week increased its stake to 7.84%. API's shares plunged last year on a series of woes including resignation of its CEO and a A$17 million hole in its accounts. It rejected a A$2.20/share takeover offer from Sigma (SIP.AU) as lowball.(SVM)