Okay, this is the first time for me when wowhead not only didn't solve any question at all, it actually provides a LOT of misinformation.
I've been trying to investigate the way those items drop, and here's something I ask you to do.
This request requires the following:
1) You have Trading Post lvl2 in your garrison
2) You have never made 'Super Cooling Module' on the character, and you've never gotten at least 2 of the 4 parts (that includes selling them on the AH too, not just having them in your bags)
Now, the request itself: go to Shadowmoon, Swamplight Trail; kill all the mobs near the cave and in the cave itself - not just the flying ones, but the flower guys too. Do it for ~10-15 minutes.
The expected result: you'll most likely have 3 or even all 4 parts of the Cooling module.
Now try doing it for another 10-15 minutes:
The expected result: you'll be lucky to get even 1 more, most likely you won't get any.
So, the theory is this: if you check the mobs that can drop various parts on the wowhead, you'll see most of them <1%. However, this place in Shadowmoon kinda proves the following statement: there are some mobs out there that allow you to have an incredibly high drop chance for modules, but only until you get one.
Unfortunately I'm yet to discover such mobs for the other 'open world' module (the FFR mobs in Magnarok are not the case, most definitely, even though they are an easy target).