I can repeat this problem with version 4.5.2 (2241). Seems this problem started
somewhere between builds 2211 and 2223.
Moreover, I have the same problem with relative path.

E.g. some portable applications are located in folders:
d:\portable\pspad\
d:\portable\someapp\

If I start pspad from someapp with following command line:
"..\pspad\pspad.exe" somefile.txt

Then I have the same problem: pspad opens file "pspad.exe".

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