Poker Stars, $0.05/$0.10 No Limit Hold'em Cash, 6 Players

SB: $10.92 (109.2 bb)
BB: $10.47 (104.7 bb)
UTG: $5 (50 bb)
MP: $4.45 (44.5 bb)
CO: $10 (100 bb)
Hero (BTN): $10.10 (101 bb)

Preflop: Hero is BTN with Q A
2 folds, CO raises to $0.30, Hero calls $0.30, SB folds, BB raises to $1.25, CO folds, Hero raises to $3.50, BB raises to $10.47 and is all-in, Hero calls $6.60 and is all-in

CO is 16/14, 2/2 fold to 3b, 150 hands
BB is 33/26, 18% 3b (5/27), 70 hands

okay so my thought here was to flat and either
a) 4b the aggro looking guy for value if the CO folded
b) play in a pot with either the SB or BB (SB was running 30/18)

is my thought process off here? obviously i fold if the CO 4b's and should probably fold if the CO calls as i'm likely dominated. at the time i thought that the BB had a wide enough range to 4b for value and when he jams i call because i expect to have atleast 32% equity vs. his range.

even cutting down the BB's 3betting range to 10% i have like 53% equity so i guess that's pretty thin but...

thoughts? how do you play this hand?