5NL -Standard push with this big draw?

[checkmate36]

PokerStars No-Limit Hold'em, $0.02 BB (6 handed) Hand History converter Courtesy of PokerZion.com

saw flop|<font color="#C00000">saw showdown</font>

MP ($2.18)
<font color="#C00000">CO ($2.24)</font>
Button ($0.96)
<font color="#C00000">Hero ($5.01)</font>
<font color="#C00000">BB ($1.50)</font>
UTG ($1.92)

Preflop: Hero is SB with 7[img]/images/graemlins/club.gif[/img], 8[img]/images/graemlins/club.gif[/img].
<font color="#666666">2 folds</font>, CO calls $0.02, <font color="#666666">1 fold</font>, Hero completes, BB checks.

CO is loose and aggro. His open limp from the CO shouldn't be anything too strong or else Id expect a raise.

BB is a calling station.

Flop: ($0.06) 9[img]/images/graemlins/club.gif[/img], T[img]/images/graemlins/club.gif[/img], 7[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">Hero bets $0.08</font>, BB calls $0.08, <font color="#CC3333">CO raises to $0.16</font>, <font color="#CC3333">Hero raises to $4.99</font>, BB calls $1.40 (All-In), CO calls $2.06 (All-In).

I doubt my hand is currently good but my opponent(s) could just be on a draw. Since they were short stacked I put them in.

If we were all deeper, would this hand still play the same?

Final Pot: $8.75

Thanks for any feedback