Hand converted with online PokerStrategy.com hand converter:
$0.5/$1 Fixed-Limit Hold'em (5 handed)
Preflop: Hero is BB with K:h, 6:h.
MP3 folds, CO raises, BU calls, SB folds, Hero calls.
Flop: (6.5 SB) 5:c, 9:d, K:c (3 players)
Hero checks, CO checks, BU bets, Hero raises, CO folds, BU calls.
Turn: (5.25 BB) 4:s (2 players)
Hero bets, BU calls.
River: (7.25 BB) A:d (2 players)
Hero bets, BU raises, Hero calls.
Final Pot: 11.25 BB.
Co laggy - 49/29/36/1.9 - 40 hands
BU - 67/15/38/0.5 - 80 hands
I was going for a c/r, because I though CO will c-bet very big part of his range, and I really don't see reason to protect from BU. As the hand developed in other way is this the right way to play it.