If the repository is located in a same-named parent folder, not the repository will be opened but the parent directory.

In this example, my repository my-repos is located in ~/repos/private/my-repo/my-repo. Clicking on the button Terminal will lead to the following terminal output:

Last login: Wed Oct 25 09:17:11 on ttys042
cd '/Users/ich/repos/private//''my-repo'
 ich@asiago-lbs:~> cd '/Users/ich/repos/private//''my-repo'
 ich@asiago-lbs:~/repos/private/my-repo>

I'm using the latest version 2.4.5, which I can't select here under Affects Version/s.