I want a crack at this :), (I do have a major headache so I'm keeping this a little short)
Opponent is unknown, so it's safest to assume he's a decent player (depeding on the limit).
Likely handranges for an UTG raise (9players ahead):
99-JJ
ATs-AQs
KQs
AJ-AQ
KQ
If he's looser we might add a few lesser hands but I'm going to run with this for now.
If we look at the board we'll see we're actually ahead only about 30-40% of the time. (I'm simplifying these numbers for the sake of my head
).
The pot is 8.5 sb after his donk, why would he donk?
Bet/3bet manouver, seems quite possible with his possible handranges.
Representing bet/3bet, as a bluff or to put pressure on us and gain more information about the strength of his hand (2nd pair for example). Though the pot is big enough to fire of 1 sb as a bluff manouver his handranges speak against the likelyhood of this.
We do have a gutshot for the nut straight and a backdoorflush, so I'd say the call is warranted.
On the turn he continues, we now have a full flushdraw for the river card, the pot is decent, and we are ahead in equity most of the time, still, I don't think it's likely he will fold to a raise, I'd say just calling here is justified since we might run up against a 3bet here.
River, just left with tp/tk, according to pokerstove our equity is 35%. A calldown was justified from the flop, it's still justified on the river with tp/tk, I'd say a call is correct here.
So I'd conclude the hand was played correctly, though I can't say I really like it.
What do you guys think?
EDIT: ARGH! Zaephyr beat me to it, and a lot shorter as well!