The info below from the Holden Service Manual may help you work out the problem.
IGNITION SYSTEM PURPOSE
The ignition system controls fuel combustion by providing a spark to ignite the air/fuel mixture in the proper cylinder at the correct time. To provide good engine performance and fuel economy, and control exhaust emissions, the ECM/PCM controls the spark advance and ignition dwell when the ignition system is operating in the EST mode.
Four main components make up the ignition system for the V8 PFI engine. They are:
Distributor Assembly
Ignition Coil
Ignition Module
ECM/PCM
Distributor
The distributor incorporates a Hall-effect switch as a reference voltage pulse generator. The Hall switch is connected to the ignition module by three wires. The distributor also performs the normal distributor function of directing secondary ignition voltage from the ignition coil to the correct cylinder by means of a rotor, distributor cap, and spark plug leads. There are no advance mechanisms in the distributor.
Ignition Coil
The ignition coil is specifically designed to suit the ECM/PCM and medium energy ignition system. The coil must not be replaced with any other type of coil.
Ignition Module
The ignition module, mounted separately in the engine compartment, provides an interface between the Hall switch in the distributor, the ECM/PCM, and the ignition coil. The ignition module processes the Hall switch reference pulses, sending the signal to the ECM/PCM as a "crankshaft reference input signal." The ECM/PCM calculates the needed spark advance and dwell time, and sends EST output pulses back to the ignition module. The module triggers the ignition coil based on these EST pulses sent from the ECM/PCM.
If the ECM/PCM detects a problem in the EST circuits or for some reason cannot control the ignition system, the module is independently capable of operating the ignition system, with a fixed 10 degrees BTDC spark advance.
ECM/PCM
When the ignition system is operating in the EST mode, the ECM controls the spark timing and dwell. The ECM, via the bypass control circuit, commands the ignition module which of the two modes to operate in; the "EST mode", or the "bypass mode". If the module receives no command from the bypass control circuit, the ignition system will remain in the "bypass mode."