Value bet river?

[PwnSauce]

Villain is 55/46/3.6

Full Tilt Poker
No Limit Hold'em Cash Game
$0.05/$0.10 Blinds
5 Players
LegoPoker HH Converter

SB: $6.55
BB: $17.25
UTG: $10
CO: $10.80
<font color="black">Hero (BTN): $11.30</font>

<font color="black">Preflop:</font> Hero is dealt A[img]/images/graemlins/spade.gif[/img] Q[img]/images/graemlins/heart.gif[/img] (5 Players)
UTG folds, CO calls $0.10, <font color="red">Hero raises to $0.45</font>, SB folds, <font color="red">BB raises to $1.20</font>, CO folds, Hero calls $0.75

Didn't really respect his reraise, pretty garbage player, so I thought his 3bet range would be pretty large.

<font color="black">Flop:</font> ($2.40) 5[img]/images/graemlins/spade.gif[/img] 4[img]/images/graemlins/heart.gif[/img] Q[img]/images/graemlins/diamond.gif[/img] (2 Players)
<font color="red">BB bets $1.70</font>, Hero calls $1.70

<font color="black">Turn:</font> ($5.80) 5[img]/images/graemlins/club.gif[/img] (2 Players)
BB checks, <font color="red">Hero bets $3</font>, BB calls $3

<font color="black">River:</font> ($11.80) 8[img]/images/graemlins/spade.gif[/img] (2 Players)
BB checks, <font color="red">Hero bets all-in for $5.40</font>, BB calls $5.40

Pot Size: $22.60 ($1 Rake)

Comment on all stages please. I put villain on either pair Queens or pocket pair.