How to extract most value..

No reads..should I have just called villains raise and then push the river?

Ultimate Bet No-Limit Hold'em, $.10 BB (7 handed) Hand History Converter Tool from FlopTurnRiver.com (Format: FlopTurnRiver)

MP1 ($10)
MP2 ($9.80)
CO ($11.05)
Button ($1.60)
SB ($6.50)
Hero ($10.20)
UTG ($13.62)

Preflop: Hero is BB with 5, T.
MP1 calls $0.10, MP2 calls $0.10, 2 folds, SB completes, Hero checks.

Flop: ($0.40) 5, T, 7 (5 players)
SB checks, Hero bets $0.4, MP1 folds, MP2 folds, SB calls $0.40.

Turn: ($1.20) 5 (3 players)
SB checks, Hero bets $0.6, SB raises to $1.2,Hero... ?

{edited - a500lbgorilla}

I would have just called and made a pot sized bet on the river

I edited your hand for better discussion. This way people arn't results oriented.

Raise.

At these stakes, I'd call and reraise his bet on the river to put him all in. There's a realistic chance that Villian is making a play sensing weakness in your betting pattern. (Bet the pot on the flop, then half the pot on an unusual turn.) If you reraise here, and he has air, he'll fold. Under that scenario you may be able to get an extra bet out of him on the river. (Where you're going to make a pot size bet or push if he leads).