I need strong annual income. I see pref shares show great DY's at the moment: SHFF - 13,76 SBPP - 10,78 INPP - 15,03.And tax free of course! How does the price of a pref share work - does it behave the same as an ordinary share. What are the dangers and disadvantages? If pref shares DY is a function of prime howcome most of them have a DY much higher than prime? Have looked at the Std Equities brochure but the above points do not seem to be covered. Comments appreciated.