Nut read poorly, notwithstanding? (7)

I believe the answer is:

unrated

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'nut read poorly notwithstanding?' is the definition.
I can't judge whether this defines the answer.

'nut read poorly' is the wordplay.
'poorly' is an anagram indicator (a poor spelling).
'nut'+'read'='nutread'
'nutread' is an anagram of 'UNRATED'.

Can you help me to learn more?

(Other definitions for unrated that I've seen before include "not censured" , "given no status" , "Not assigned a value" , "Not assessed" , "without standing?" .)

I've seen this clue in the Sydney Morning Herald.

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